Business news from Ukraine

Business news from Ukraine

Ukraine increased exports by 7% “grain corridor”

22 April , 2023  

Ukraine exported through seaports of Odessa region by 7% more agricultural products than a week earlier, its volume was 702.3 thousand tons. The increase in shipments was achieved due to the tonnage of ships, said the Ukrainian Agrarian Confederation of Business (UCAB).
“The number of ships loaded this week was only 14 units, which is two vessels less than the previous week. In fact, increase of shipments was achieved due to increase of tonnage of ships,” – analysts noted.
According to their information, corn (56%), wheat (18%) and sunflower oil cake (14%) took the major part in the export structure of Ukrainian agricultural products through this channel.
Ukrainian products went to Asian countries (China, Bangladesh, India and others), Europe (Spain, Portugal and Italy) and Africa (Egypt).
At the same time, the overall situation with the operation of the “grain corridor” continues to deteriorate. The Russian side suspended the inspection of ships on Tuesday, April 11 and Monday, April 17, 2023.
In the next three days, inspections of ships in the “grain corridor” will resume in accordance with a 50:50 temporary scheme, according to which 50% of inspections will be carried out by ships of the formed line, another 50% – by humanitarian cargoes.
In total, since the beginning of the “grain corridor” from August 1, 2022 to April 16, 2023, Ukraine has exported 28.1 million tons of agricultural products.

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