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Ukraine’s key food exports have fallen by almost half since the Russian war

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News Tech: KYIV, Aug 23 (Reuters) – Exports of key Ukrainian agricultural commodities have fallen by almost half since the start of the Russian invasion earlier this year compared to the same period in 2021, data from the agriculture ministry showed late on Monday.

Agricultural exports between Feb. 24 and Aug. 15 this year fell to 10 million tonnes from around 19.5 million in the same period last year, the ministry data showed.

Russia began its attack on Ukraine on Feb. 24, calling it a “special military operation”, and as a result of the fighting, Ukrainian seaports were blocked, leaving a vast amount of crops either unharvested or destroyed.

The 2022 grain harvest in Ukraine is forecast to fall to around 50 million tonnes from a record 86 million tonnes in 2021.

But even with the ports opened, Ukraine’s agricultural exports are significantly lower than before the conflict, when Ukraine exported up to 6 million tonnes of grain a month.

Last week the agriculture ministry said Ukraine’s grain exports in the 2022/23 season up to Aug. 19 are down 51.6% from a year earlier at 2.99 million tonnes. Grain exports for the 2021/22 season, which ended on June 30, rose 8.5% to 48.5 million tonnes thanks to a large volume of shipments before Russia invaded.

RegisterReporting by Pavel Polityuk; Editing by Christian Schmollinger Source: Reuters Trust Principles.

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