Agricultural Sector Losses from Export Disruptions Could Reach $1.5–3 Billion

This was stated by Ukraine’s Minister of Agrarian Policy and Food, Taras Vysotskyi, during a meeting with Ricardo López-Aranda Jagu, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Spain to Ukraine.

Taras Vysotskyi emphasized that the maritime route remains critically important for Ukraine’s agricultural exports. Approximately 90% of Ukraine’s grain and oilseed exports are shipped through Black Sea ports, while alternative logistics routes are physically incapable of fully replacing maritime transport. According to him, even under the most favorable conditions, rail, road, and Danube routes can ensure only 45–50% of the country’s annual agricultural exports.

«Today, we are effectively facing once again the challenge we experienced at the beginning of the full-scale invasion. No alternative route is capable of fully replacing seaports,» Taras Vysotskyisaid.

The parties also discussed the risks facing the harvesting campaign and the storage of the new crop. If the situation does not change, Ukraine may face a storage capacity shortage of 11 million tonnes as early as this autumn.