Business news from Ukraine

Business news from Ukraine

Cargo turnover of Ukrainian ports reached 86.8 mln tons since beginning of year

22 November , 2024  

The cargo turnover of Ukrainian ports increased to 86.8 mln tons from January 1 to November 17, 2024, of which 53.5 mln tons of grain were exported, the press service of the Ukrainian Sea Ports Authority (USPA) reports.

According to the USPA’s Facebook post on Thursday, the key export items are sunflower oil – 5.3 million tons worth $4.4 billion, corn – 25.5 million tons worth $4.2 billion, and wheat – 19 million tons worth $3.4 billion.

Port operations are complicated by Russian aggression, mine threats, and military challenges. Despite this, Ukraine’s seaports are demonstrating record export capacity, the USPA said.

Earlier it was reported that in January-October 2024, Ukrainian ports increased cargo handling by 78.1% compared to the same period last year – up to 82.1 million tons. In October, the ports handled 8 million tons of cargo, of which 6.8 million tons, or 85%, were transshipped through the “sea corridor”. More than half of the cargo handled by ports in October was agricultural. They accounted for 5 million tons, which is almost 3.3 times more than in the same period last year.

,