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Agriculture

Unblocking Ports Leads to Surge in Ukraine Exports

11 August 2022

Ukraine's grain, oilseed, vegetable oil exports surged up 23 percent in July over June, now that its seaports were unblocked for shipping and the 370,000 tonnes of grain that had been piling up on their docks was now able to come through.

The Russian invasion in February blocked off Ukraine’s Black Sea ports, driving up global food prices and prompting fears of shortages in Africa and the Middle East. An agreement was concluded last month to unblock Ukrainian seaports and allow the departure of ships carrying grain.

However, Ukrainian grain exports are still down almost 52 percent from this time last year, before the war started.

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