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The export of agricultural products from Ukraine decreased by 18% over last week.

Termination of the grain corridor will put pressure on the hryvnia.

Aerial view large port oil loading terminal with large storage tanks.

During the 47th week of the grain corridor, from June 19 to 25, 2023, 358,300 tons of agricultural products were exported through the Odesa region’s seaports, which is 18% less than in the previous week, reported the UCAB.

It is noted that from June 19 to 25, six vessels were loaded in Ukrainian seaports, which is three units less than in the previous week. According to the association, similarly low shipment figures are expected next week, as only six vessels passed entry inspection last week.

During the 47th week of the grain initiative’s operation, the following were the most exported: corn (68% of all exports) and wheat (32%). Ukrainian products were sent to the following countries: Europe (Spain and the Netherlands), Asia (China and Indonesia), and Africa (Egypt).

In total, from the beginning of the grain corridor on August 1, 2022, Ukraine has exported 32.4 million tons of agricultural products.

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