Ukraine's agricultural sector saw significant growth in 2023, exporting goods worth $22 billion, according to Agriculture Minister Taras Vysotskyi. The country harvested 80 million tons of grain and seed oil products, reinforcing its role as a crucial player in global food security.
Vysotskyi highlighted that 87% of Ukraine's agricultural exports are shipped from Odesa and nearby ports. The country established a new export route in the Black Sea last year, evolving from a humanitarian corridor to a major trade route, facilitating the movement of stranded ships and boosting export activities.
"In 2023, Ukrainian farmers exported products worth almost $22 billion," Vysotskyi stated. "This is a vital signal to the world that Ukraine is ready to produce and deliver food to those in need. Our role in global food security is especially critical for grain exports to Africa and Asia."
Looking ahead, Vysotskyi expressed confidence that Ukraine will continue to meet both domestic and international demands for grain and oilseeds in 2024.
Grain exports were recorded at 5.2 million metric tons in March, slightly down from 5.8 million metric tons in February. Despite this, Ukraine managed to export over 13 million tons of products in the following month, valued at $3.3 billion, surpassing pre-2022 invasion volumes.
The growth in exports was driven by the development of an alternative sea corridor, a ship insurance program, and the expansion of Solidarity Lanes, facilitating smoother and more secure trade routes.
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