In April, Ukraine exported 6.3 million tons of grain

Published May 6, 2024

Tridge summary

In April, Ukraine achieved a record in exports, reaching over 13.1 million tons with a value of 3.3 billion dollars, a significant increase compared to the previous month and before the invasion of Russia. This success is attributed to the opening of an alternative sea corridor and the UNITY ship insurance program. The government is working to increase exports, particularly of non-raw goods, as part of the "Made in Ukraine" policy. However, grain reserves for export are nearly depleted, and the price of food and fodder wheat has increased due to a limited number of offers on the market. Despite this, Ukraine has already exported over 200,000 tons of food products through the "Grain from Ukraine" initiative.

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

Original content

In April of this year, Ukraine set a new record in the field of exports, sending products abroad with a total weight of more than 13 million tons, exceeding the indicators from February 2022. According to the Ministry of Economy of Ukraine, in monetary terms it amounted to 3.3 billion dollars. Yuliya Svyridenko, First Deputy Prime Minister and Minister of Economy of Ukraine, reported that the April export volume reached an unprecedented 13.1 million tons, which is 1.3 million tons more than in the previous month and higher than before the large-scale invasion of Russia. She noted that the successful recovery and increase in export flows was achieved thanks to the government's cooperation with international partners. A significant increase in export volumes was made possible by the opening of an alternative sea corridor last summer, which allowed exports of grain and metal, in particular. The UNITY ship insurance program, developed jointly with the British government and a ...

Source: Landlord