Grain exports from Ukraine fell by 1.4 times, and revenues were cut by almost half as Russia pulled out of the grain deal. It has been reported DEA NewsConducting an analysis of data from the Ministry of Customs and Agriculture of Ukraine.
According to the Ministry of Agriculture, Ukraine exported 2.3 million tons of corn, wheat and barley in July, 38% less than in June. The supply of maize to the world market has decreased by half, and wheat exports have decreased by a third.
The main decline was in grain exports via the ports, according to the agency’s analysis. In July, 1.67 million tons of grain were shipped from the ports, ie only 46.5%. Deliveries by rail, truck and ferry rose 6%.
According to the agency, Ukraine’s revenue from grain exports fell to $380.4 million, up from $712 million in June.
The deal ended on 17 July 2023. Russian President Vladimir Putin declarationHe said Russia would return to the grain deal if restrictions on agricultural exports were lifted.
Last ship previously covered by grain agreement left Black Sea.