City
Epaper

Ukraine's agricultural export earnings to fall by 16% this yr

By IANS | Updated: December 28, 2022 15:25 IST

Kiev, Dec 28 As a result of Russia's ongoing invasion of Ukraine, the war-torn nation's agricultural export earnings ...

Open in App

Kiev, Dec 28 As a result of Russia's ongoing invasion of Ukraine, the war-torn nation's agricultural export earnings will decrease by 16 per cent this year to $23.3 billion, according to an industry body.

The Ukrainian Agribusiness Club said that the supplies of Ukrainian grain abroad decreased sharply in the first months of the invasion, affecting the full-year export figures, reports Xinhua news agency.

Since the Black Sea grain export deal, which unblocked the supplies of food stuffs via Ukrainian seaports, came into effect on August 1, the country's agricultural exports have been gradually recovering.

In 2022, such items as corn, sunflower oil, wheat, rapeseed and sunflower seeds were the biggest contributors to Ukraine's agricultural export earnings.

Earlier this month, Ukraine's Economy Ministry said the agricultural sector suffered direct losses of $6.6 billion due to the war.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: KyivUkrainian agribusiness clubRussiaXinhuaRussian parliamentPakistan russiaRus
Open in App

Related Stories

InternationalRussia Train Accident: Goods Train Derails and Bursts Into Flames After Colliding With Truck in Smolensk (Watch Video)

InternationalRussia-Ukraine War: Poland Urges Citizens to Urgently Leave Belarus 'By Any Necessary Means'

InternationalPoland Shuts Airports After Russian Drones Sighted in Airspace; Polish Armed Forces Neutralising Flying Objects

InternationalPM Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin Seen Interacting at SCO Summit 2025 in China

NationalDonald Trump Imposes Additional 25% Tariff on India, Total Tariff Now 50%

Politics Realted Stories

MumbaiAmeet Satam Appointed As Mumbai BJP President Ahead of BMC Polls

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray