Ukraine: Corridor of the Black Sea, China one-fifth of export volumes

Published 2023년 3월 14일

Tridge summary

The article discusses the significance of the Black Sea Grain Initiative, which has facilitated agricultural product exports from Ukrainian ports despite the conflict, extending the initiative for two months. According to the Divulga Study Center, which analyzed UN data, China has benefited most with 5.2 million tons of agricultural products, accounting for 21.5% of the total. Italy is fourth in import volumes with 1.76 million tons, primarily corn, and nearly half of the exported products have gone to developing countries, potentially mitigating price tensions and instability in regions heavily dependent on these commodities.

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Original content

Italy fourth for import volumes from Ukrainian ports with 1.76 million tons (7.3%) of the total. Of these, 1.2 million were from corn With 5.2 million tons of agricultural products including wheat, corn and sunflower oil, equal to 21.5% of the total shipped from Ukrainian ports since August 2022, China is the country that has benefited the most from the "Black Sea Grain Initiative ", the corridor for the export of agricultural products from the Black, signed to limit the difficulties in the transit of ships due to the conflict in Ukraine and recently renewed for another two months. This is what the Divulga Study Center affirms which processed the UN data of the routes of agricultural products departing from the ports of Chornomorsk (36.4% of the total), Yuzhny (35.8%) and Odessa (27.8%) in these 240 days. Italy in fourth place for quantity Overall, 24.2 million tons of agricultural products departed from Ukrainian ports: almost half is corn (49.3%) while 27.2% is soft wheat, 5.4% ...

Source: Terraevita