Ukraine increased its agri exports by 94% in a week
During the 31st week of operation of the “grain corridor” (February 27 – March 5), 1.0216 million tons of agricultural products were exported through the sea ports of Odesa, which is 94% more than the figure of the previous week. More than 70% of this volume was corn, 20% – wheat and 4% sunflower meal. The number of loaded ships increased by 6 to 20 units, which indicates the complexity of the grain corridor. Ukrainian agricultural products went to China, Turkey, Japan, Portugal, Belgium, the Netherlands, Kenya, Yemen, Egypt and other countries in Europe, Asia and Africa.
In total, from August 1, 2022, Ukraine was able to export 23.3 million tons of agricultural products through the grain corridor.
The uptick in grain exports in February and March was expected as traders scheduled many ships to get products out before the grain deal expires. This further increased the queue for inspection of the courts, which is already artificially delayed by Russian representatives in the JCC.
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