Friday , September 29 2023
Home / WORLD / Ukraine’s grain, oilseeds exports may fall by third this year

Ukraine’s grain, oilseeds exports may fall by third this year

A vessel in the second caravan of ships transporting grain from Ukraine arrives at the Bosphorus Strait in Istanbul, Türkiye, Aug. 6, 2022. (Xinhua/Shadati)

Kiev, Ukraine | Xinhua |  Ukraine’s combined grain and oilseeds exports are expected to fall by a third this year, Agrarian Policy and Food Minister Mykola Solsky said on Wednesday.

Solsky said Ukraine will supply about 46 million tons of cereals and oilseeds abroad in 2023, according to a statement released by the Minister of Agrarian Policy and Food.

Ukraine’s grain exports alone will decrease by 40 percent this year, Solsky said.

As the main challenges for exporting foodstuffs from Ukraine, Solsky listed the disruptions in the functioning of the Black Sea grain corridor and the restrictions on agricultural imports from Ukraine imposed by some European countries.

In March, the Ukrainian government projected that the country’s harvest of grain and oilseeds will fall about 7 percent this year to 65 million tons. ■

One comment

  1. That is because Russia annexed some of Ukraine wheat growing area. Before the conflict, Russia could export 2.7 times more than Ukraine. Now Russia can export about 4,7 times Ukraine wheat exports.

Leave a Reply

Your email address will not be published. Required fields are marked *