Export of Ukrainian agricultural products decreased by a third in April

Published 2023년 5월 2일

Tridge summary

In April 2023, Ukraine's agricultural exports fell by 31% to 5.3 million tons, marking the worst performance in the past 8 months, largely due to sabotage by Russia, import bans by Poland, Hungary, Bulgaria, and Slovakia, and logistical issues. The most significant decline was in oil crops, followed by cakes after the extraction of vegetable oils. However, vegetable oil exports remained stable. The fall in export volumes affected all groups of agro-industrial complex products, except for vegetable oils. The resolution of export deliveries to neighboring countries and the establishment of the 'grain corridor' could potentially improve the situation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In April 2023, Ukraine managed to export 5.3 million tons of agricultural products, which is 31% less than in the previous month. Last month, Ukrainian exports fell by a third, and this is the worst indicator in the last 8 months. This is reported by the press service of UKAB, Problems with export shipments were observed in almost all channels. The greatest damage was caused by: - sabotage of the full operation of the "grain corridor" by the Russian side; – ban on the import of all agricultural products and temporary ban on transit through Poland; - banning the import of certain types of agro-industrial products by Hungary, Bulgaria and Slovakia. It is necessary to take into account that not all products had time to physically cross the border and a significant amount of transport is still waiting in queues for departure. As for the structure of product exports in April 2023, it looked as follows: grain crops: 3.9 million tons (corn – 59%, wheat – 36%, barley – 5%). Fall to last ...

Source: Agrotimes