Before the grain corridor opened, Ukraine exported 2.7 million tons of grain.

According to Ukrainian Club of Agrarian Business director Roman Slastyon, the downside of this number is the very expensive logistics of land transportation due to the seaport’s blockage. As a result of these higher costs agricultural producers received only a third of the price paid for the grain. Slastvon added that there is currently a positive trend in product export through the grain corridor. “Now we see that in the first two weeks, 16 ships have left the ports carrying 450,000 tons of grain. The most significant share of this freight was exported by the vessels that were loaded before the full-scale invasion,” the expert said. He also emphasized that market participants now fear there will not be enough new vessels to provide the desired cargo volume. Currently, the sea export volume is at least three million tons per month.