Business news from Ukraine

UKRAINE CAN EXPORT NO MORE THAN 1.5 MILLION TONNES OF GRAIN MONTHLY VIA EU, BYPASSING SEAPORTS – DPTY MINISTER VYSOTSKY

13 May , 2022  

The export of Ukrainian agricultural products through the EU countries, taking into account deliveries through the Danube river ports, cannot exceed 1.5 million tonnes per month under any circumstances, while before the blockade of its seaports by the Russian troops, the country could monthly transship over 5 million tonnes of agricultural crops per month.
An opinion about a need for Ukraine to work on the launch of new logistics routes and export directions was expressed by First Deputy Minister of Agrarian Policy and Food Taras Vysotsky during the expert discussion “Blocked trade: can Ukraine increase export capacity” on Friday.
“We preliminary calculated that up to 1.5 million tonnes are still the maximum. Therefore, I think that we can count on this until May, and then only alternative directions,” Vysotsky said.
He clarified that Ukraine has enough agricultural products for export, and Ukrainian farmers can supply as much grain as they need to foreign markets, and the volume of its exports is limited only by logistics.
As reported with reference to Minister of Agrarian Policy Mykola Solsky, in April 2022 Ukraine exported 1.09 million tonnes of grain mainly through Romanian ports, which is more than five times higher than in March.
According to him, most of the export deliveries from Ukraine were carried out in April through the Danube river ports, since the Ukrainian Black Sea ports are blocked by Russian warships.
At the same time, the logistics of Ukrainian agricultural products through Romania may become more complicated and slow down in June, when a new crop of Romanian, Serbian, Hungarian and Bulgarian winter wheat and barley will begin to arrive at the seaports of this country and will create competition with supplies from Ukraine.

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