76 Days
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الاقتصادية
Ukraine looks for grain export options
Ukraine faces significant challenges in exporting grain due to the Russian blockade of Black Sea ports. Russian attacks on ships and port facilities hinder shipping operations, threatening to cut exports of about half of its grain and oilseed production for this year, which exceeds 30 million tons. Currently, Ukraine relies on alternative routes such as railways and the Danube River, but low water levels hinder their use until October. These routes only cover roughly 50-55% of Ukraine's usual export capacity, and additional costs can reach up to $50 per ton. Ukraine is one of the world's largest wheat exporters, and the minister's statement indicates that port disruptions could lead to rising food prices globally, affecting consumers, especially the poor.
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