Main / Repository / Economy / Ukraine has suffered a shortfall of $1.5 billion in agricultural exports since the beginning of the war

Ukraine has suffered a shortfall of $1.5 billion in agricultural exports since the beginning of the war

April 01, 2022

Ukraine has suffered a shortfall of $1.5 billion in agricultural exports since the beginning of the war

Before the Russian invasion, Ukraine exported monthly up to five million tonnes of agricultural products through the ports of Odesa and Mykolaiv. However, due to the blockade of these ports by the aggressor, Ukraine can transport no more than 0.5 million tonnes of grain monthly.

According to the Ministry of Agrarian Policy and Food of Ukraine, since the beginning of the war, this has led to a shortfall in export earnings by $1.5 billion.

Due to Russian aggression, Ukraine can now export agricultural raw materials only through the ports of the Danube, by rail, and by road, and each type of transportation is associated with certain problems.

Read more

Link copied