The launch of the sea corridor has opened new markets for Ukrainian exporters. The introduction of the Ukrainian Black Sea Corridor in 2023 significantly impacted the geographical structure of goods exports. It enabled the resumption of deliveries to traditional destinations in ... #BlackSeaCorridor #SeaExport #UkraineEconomy #UkraineExport #UkraineMaritimeCorridor
Russia aims to gain control over the Black Sea food corridor, which explains its agreement to a ceasefire. “A ceasefire in the Black Sea is primarily important for the Russians because they have not effectively controlled the Black Sea food corridor for quite some time. Their Black Sea fleet is eithe... #blacksea #MaritimeTruce #PeaceTalks #UkraineMaritimeCorridor #WarEnding #Zelenskyy
Trump’s national security adviser outlined the stages of the ceasefire. A ceasefire on the front line will be the final step before signing a peace agreement in the conflict between Russia and Ukraine, with intermediate stages to occur beforehand, stated US President Dona... #EnergyCeasefire #MikeWaltz #PeaceTalks #PrisonerExchanges #UkraineMaritimeCorridor #WarEnding
The transit of Ukrainian agricultural products through the EU have declined by nearly 80%. Following Russia’s full-scale invasion and blockade of Ukrainian seaports in 2022, Ukraine began actively utilizing land routes for agricultural exports, significantly increasing transit through... #agroexportukraine #agroUkraine #Hungary #Poland #Romania #UkraineExport #UkraineMaritimeCorridor
Ukraine will create a single logistics space for trade with the EU and the world. Prime Minister Denys Shmyhal discussed creating a single logistics space that will allow people, goods, and services to move across the border quickly and without obstacles. Here are the key developme... #CheckPoints #DenysShmyhal #TradeVisaFree #TransportAgreement #UkraineExport #UkraineMaritimeCorridor
Ukrainian seaports handled a record 97.2 million tons of cargo in 2024; over 9,000 vessels passed through the Black Sea corridor. Ukrainian seaports processed a record 97.2 million tons of freight in 2024, exceeding 2023’s figure by 57%, the Ministry of Community Development reported. Ukrainian ports are a key link for exp... #agroexportukraine #BlackSeaCorridor #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
The 2024-2025 export season is potentially more successful than the previous two. The Ukrainian Agrarian Confederation believes that the current marketing year, from July 2024 to June 2025, may become more successful for Ukrainian grain traders and farmers than the previous two sea... #agroexportukraine #DanubePort #OdesaSeaport #UkraineExport #UkraineMaritimeCorridor
The annual export of Ukrainian agricultural products increased by almost 10 million tons, their value by $1.4B. During the first nine months of 2024, Ukraine exported 48.9 million tons of agricultural products worth $10.5B. The volume farm product exports for the year increased by 9.9 million tons, or by $1.4B.... #agroexportukraine #AgroImportUkraine #UkraineExport #UkraineMaritimeCorridor #Ukrainiangrain
Increased Russian attacks on Ukraine’s seaports spur rising costs for ship insurance. The cost of insurance for ships passing through the Ukrainian Black Sea export corridor has increased significantly during the last week due to increased Russian attacks. The insurance price exceeds 1... #RussianAttackonUkraine #UkraineMaritimeCorridor #UkraineSeaPorts #UkrainianShipInsurance #WarinUkraine
After Russia attacked a ship in the Black Sea, world prices for wheat rose sharply, but Ukraine continues to export. Wheat futures increased by 2.2% after Ukraine announced that a Russian missile hit a grain tanker in the Black Sea. Wheat futures rose to $5.9175 per bushel, the highest price since July 2024. 68.6 mi... #agroexportukraine #BlackSeaPorts #GrainfromUkraine #OleksiyKuleba #UkraineMaritimeCorridor #wheatfutures
Despite widespread blackouts, GDP growth accelerates in Ukraine. In July, Ukraine’s GDP growth accelerated to 2.7% after rising 1.6% in June in response to early harvesting. For January-July, growth is estimated at 4% [±1%], which generally corresponds with t... #ElectricityDeficitUkraine #GDPinUkraine #UkraineEconomy #UkraineMaritimeCorridor
In eight months, Ukraine’s seaports have exceeded last year’s transshipment volume. The Ukrainian maritime corridor’s operation has allowed Ukrainian seaports to record a cargo turnover of 66.8 million tons in January-August 2024, exceeding the previous year’s figure, when the transs... #ExportCorridors #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
The grain corridor’s operation has allowed Ukraine to start a new grain export season with an increase of 59%. Since July 2024, when the new marketing season began, Ukraine exported 4.96 million tons of grain, which is 58.9% more than in the same period last year (3.12 million tons). This includes 1.26 million... #agroexportukraine #blacksea #OdesaSeaport #UkraineMaritimeCorridor
In the seven full months of this year, cargo transshipment in Ukrainian ports almost reached 2023’s total amount. Ukrainian seaports processed 59.9 million tons of cargo in January-July, almost equaling the total figure for last year (approximately 62 million tons). During this time, the ports increased cargo tur... #ChornomorskSeaPort #OdesaSeaport #PivdennyiSeaPort #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
Opening Ukraine’s seaports has helped iron ore company Ferrexpo increase its net profit by 100%. Iron ore company Ferrexpo, with assets in Ukraine, increased its January-June net profit by almost 100% compared to the same period last year – up to $55.49M; total sales increased by 85%, up to 3.8 m... #ferrexpo #MetallurgyUkraine #SeaPortsUkraine #UkraineMaritimeCorridor #UkrainianMetalExport
Despite a slowdown in the second quarter, the GDP grew by 4.1% in the first half of the year. In June, Ukraine’s GDP grew by 1.1% compared to June last year. However, Ukraine’s economic growth continues to slow down – in May, GDP grew by 3.7%, in April – by 4.3%. The Ministry of Ec... #ElectricityDeficitUkraine #GDPinUkraine #UkraineEconomy #UkraineLaborMarket #UkraineMaritimeCorridor
The restoration of Mykolaiv’s ports will make logistics cheaper and increase Ukrainian exports. Since the beginning of the full-scale invasion, the ports of Mykolaiv have remained blocked: the enemy is close to the Dnipro–Bug estuary and controls access to the sea. Restoring the entire operation... #MykolaivSeaPort #UkraineExport #UkraineMaritimeCorridor #UkraineRestoration
Odesa aims to become the largest logistics center in the Black Sea region. The head of the Odesa military administration, Oleg Kiper, said during the Black Sea Security Forum that because of the inaccessibility of ports in other regions of Ukraine, Odesa has become the sole ... #GennadiyTrukhanov #Odesa #OlehKiper #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
Exports through the Ukrainian Sea corridor have become easier with the participation of more insurance companies. The export of Ukrainian grain through the Black Sea has been simplified by the increasing number of insurance companies operating in this market, said Oleg Kiper, the head of the Odesa Regional State ... #agroexportukraine #blacksea #BlackSeaCorridor #OlehKiper #UkraineMaritimeCorridor #UkrainianShipInsurance
The EBRD predicts a slowdown in the Ukrainian economy’s growth. According to an EBRD forecast, Ukraine’s economy will grow by 3% in 2024 and by 6% in 2025. This pace is lower than the 5.3% rise in 2023 following a sharp drop in 2022 caused by the Russian inv... #ebrd #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineMaritimeCorridor
Ukraine has already exported 45 million tons of goods by sea, and revenue from the export of metal products has increased by 16.5%, reaching $1B. About 1,600 ships exported 45 million tons of cargo from the ports of Odesa during the almost nine months of the Ukrainian Sea Corridor’s operation. In particular, 38 countries received more than 30 m... #agroexportukraine #BlackSeaPort #OdesaSeaport #UkraineExport #UkraineMaritimeCorridor #UkrainianMetalExport #Ukrainianmetallurgy
Ukrainian exports increase to a record level of more than 13 million tons monthly. Economy Minister Yuliya Svyrydenko noted that last month’s exports amounted to more than 13 million tons, surpassing the indicators from February 2022 and reaching $3.3B. April exports are the l... #PathsOfSolidarity #UkraineEconomy #UkraineExport #UkraineMaritimeCorridor #UNITYinsurance #YuliyaSvyridenko
The export of agricultural products via the Black Sea corridor has reached pre-war levels. After the Russian Federation withdrew from the Black Sea Grain Initiative last summer, 1,300 ships have carried 25 million tons of farm products through the temporary sea route created by Ukraine and ... #agroexportukraine #GlobalFoodSecurity #GrainfromUkraine #UkraineMaritimeCorridor #Ukrainiangrain
Falling prices had an even greater impact on the reduction of Ukrainian exports than the border blockade. The reduction of Ukrainian exports occurred not only due to the negative impact from the Polish border blockade. According to experts, the main blow to the growth of Ukrainian exports is the reduction... #agroexportukraine #BorderBlockade #UkraineExport #UkraineMaritimeCorridor #UkraineTrade #Ukrainetradedeficit
Russia’s attacks on Odesa will reduce grain exports by three million tons. The attacks on the area’s infrastructure, particularly near the port, may reduce the export of Ukrainian grain in April from eight to five million tons. “During the first 10 days of April, Ukrai... #agroexportukraine #AttackOnOdesa #ChornomorskSeaPort #OdesaSeaport #RussianAggression #UkraineMaritimeCorridor #WarinUkraine
Ukraine has already exported more than 36 million tons of goods through the sea corridor and launched container transportation. More than 36 million tons of cargo have been exported through the Ukrainian sea corridor since August 2023. This is higher than the indicators from the Grain Initiative for the year of its existence. ... #ChornomorskSeaPort #ContainerShippingUkraine #PivdennyiSeaPort #UkraineExport #UkraineMaritimeCorridor
Ukraine has agreed on favorable insurance terms for container transportation by sea. According to Yuriy Vaskov, the Deputy Minister of Infrastructure, Ukraine has increased its indicators for goods turnover through seaports to about 75% of the pre-war level through the use of the Blac... #ContainerShippingUkraine #UkraineExport #UkraineMaritimeCorridor #UkrainianShipInsurance #YuriyVaskov.
The victory over the Russian fleet has helped to overcome the collapse of grain exports by sea. Since August, Ukraine has launched a series of attacks on Russian military ships and naval facilities, destroying a fifth of the Russian Black Sea Fleet. This allowed Ukraine to close the Russian navy... #agroexportukraine #BlackSeaPorts #RussianFleetAttack #RussianMilitaryShips #UkraineMaritimeCorridor
Ukraine is exporting more and more by sea as rail transportation of grain across the western borders falls by 23%. Almost 30 million tons of goods were exported through the Ukrainian sea corridor in seven months. According to the Minister of Infrastructure Oleksandr Kubrakov, the volume of goods shipped through th... #agroexportukraine #grainexport #OleksandrKubrakov #UkraineMaritimeCorridor #UkrainianRailways
Ukraine exported 30 million tons of agricultural products by waterways in seven months. Over 30 million tons of Ukrainian farm products were exported through the ports of Odesa and the Danube in almost seven months (since August 2023), which is 93% of Ukraine’s total exports, the Ministr... #agroexportukraine #BlackSeaPort #DanubePorts #OleksandrKubrakov #UkraineMaritimeCorridor
Ukraine’s tax revenues exceed expectations by 30% due to sea exports. Tax revenues in Ukraine are now 25-30% higher than forecasted in the state budget, primarily due to the successful functioning of the export corridor created by Ukraine in the Black Sea, Minister of I... #MunichSecurityConference #OleksandrKubrakov #TaxesUkraine #TEN-TUkraine #UkraineBudget2024 #UkraineMaritimeCorridor
One of the largest agricultural holdings of Ukraine delivered its products to 44 countries and increased export turnover by 17%. In 2023, Astarta Holding, the largest producer of sugar in Ukraine, delivered more than one million tons of its products to world markets and received €325M in export earnings, 17% more than in 2022. ... #agroexportukraine #AgroholdingAstarta #SugarExport #UkraineMaritimeCorridor
The Ukrainian maritime corridor’s 2024 forecast: The opening of the temporary sea corridor in August last year had a huge positive impact on the export of all types of goods and the country’s entire economy. In total, 736 ships, which transpor... #UkraineEconomy #UkraineMaritimeCorridor #UkrainianShipInsurance #UNITYinsurance #ВідвантаженнятоварівУкраїна
In January, Ukraine’s GDP grew by 3.5% with help from logistics and investment. January’s GDP growth compared to December 2023 occurred due to investment demand generated by the budget, and the availability of foreign markets for domestic manufacturers due to the expansion of log... #GDPinUkraine #UkraineEconomy #UkraineMaritimeCorridor #ВідвантаженнятоварівУкраїна
