Ukrainian Railways increases export traffic towards ports 2.4 times in Q1

MOSCOW. April 10 (Interfax) - Ukrainian Railways (Ukrzaliznytsia, UZ) increased export traffic in the direction of the ports 2.4 times in January-March 2024 compared to the corresponding period in 2023, reaching 15.347 million tonnes, while reducing export traffic via land crossings by 11.9% to 8.041 million tonnes, Ukrainian media outlets said with a reference to the analytical note released by the company following a meeting of the Export Promotion Office.

Overall, Ukrainian Railways transported 44.69 million tonnes of cargo in the first quarter of this year, which is 28.7% higher than in the first quarter of 2023. At that, export traffic accounted for 52.3%, or 23.9 million tonnes, which is 50.6% higher than in the corresponding period of 2023.

The company's export traffic volume of iron and manganese ore increased 2.4 times in January-March compared to the corresponding period of 2023, reaching 9.89 million tonnes, grain cargo by 18.4% to 9.9 million tonnes, and ferrous metals by 13% to 1.19 million tonnes.

In addition, volume of export transportation of vegetable oil grew by 7.5% to 424,200 tonnes in January-March, construction materials 1.8 times to 545,000 tonnes, and cement by 49.2% to 277,800 tonnes.

Ukrainian Deputy Prime Minister, Restoration Minister Alexander Kubrakov said earlier that Ukrainian Railways transported 16 million tonnes of cargo in all directions in March 2024, which is one-third more than in March 2023 and 10% higher than the previous all-time high volume of freight, 14.5 million tonnes, recorded in February 2024.