The volume of Ukrainian agricultural exports in May hit a 9-month low.

Tuesday, June 6, 2023
The volume of Ukrainian agricultural exports in May hit a 9-month low.

In May, the total export of agricultural products from Ukraine decreased by 3% compared to April, to 5.1 million tons, according to the agricultural association.

It is noted that the grain corridor has become beset with difficulties as an export channel. In May, the Russians stopped the operation of sea exports, did not allow new vessels to pass through the corridor, and, even after the grain corridor resumed operation, significantly hindered its process.

These are the reasons why only 1.3 million tons of agricultural products were exported through the grain corridor in May, which is 26% of the monthly export. In March, almost four million tons of products were exported through this channel. In May, compared to April, the export of grain crops decreased by 11% to 3.5 million tons. Sunflower oil exports fell by 14% to 484,100 tons, while cake exports increased by 70% to 445,000 tons.

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