As three Black Sea ports were unblocked

Ukraine's agriculture exports to double in next few months

According to Ukrainian Agriculture Minister Mykola Solsky, Ukraine's agricultural exports could rise to 6.0 - 6.5 million tons in October, double the volume seen in July, as the nation’s sea ports gradually reopen.

As is well-known, the country is one of the world's biggest exporter of grains, oilseeds and vegetable oils. Its exports have slumped this year, driving up global food prices, as Russia's invasion destroyed some agricultural land and the country's Black Sea ports were closed off. Exports have picked up since three Black Sea ports were unblocked at the end of July under a deal between Moscow and Kyiv, brokered by the United Nations and Turkey.

Ukraine's 2022 grain harvest is expected to fall to 50 million tons from a record 86 million tons in 2021. Solsky has stated that the harvest could include 19 million tons of wheat, half of which would be exported, and 25 to 27 million tons of corn.

Source: reuters.com

Photo source: Dreamstime.com


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber