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Last year, Ukraine's revenue from the export of agricultural products decreased

04.01.2024 14:03

According to previous estimates of agribusiness analysts, last year our country sent about 67.5 million tons of products abroad, which is about 16% more than last year's figure, but the amount of revenue fell by 8% and now amounts to $21.8 million.

Experts note that 2023 was the most difficult year in the history of the country, including in this sector. There were many factors that hindered our farmers, such as:

— Targeted blocking of the «grain corridor», which then caused the blocking of sea exports;

— Destruction of the port infrastructure of Odesa and the Danube;

— Ban on transit and export from European Union countries;

But even in spite of this situation, the number of shipped products still increased. But the revenue fell due to a decrease in prices in the world. Analysts also added that the current level of exports is still not enough to cover all the harvested products.

Source: agronews.ua