March 4, 2024, 16:02

In February, Black Sea agriculture exports surged, topping 8 million tons – Denys Marchuk

February saw Black Sea exports reaching one of their highest levels since the all-out invasion, with over 8 million tons of diverse products shipped, including 5 million tons of agricultural goods.

Denys Marchuk, Deputy Chairman of the Ukrainian Agrarian Council, revealed this information during a briefing at the Media Center Ukraine – Ukrinform. 

“Overall, over 8 million tons of assorted products were exported, with agricultural goods accounting for more than 5 million tons. This marks one of our strongest export performances since the onset of the full-blown war. We observe a significant uptick in business activity, attributed to the trust and security instilled by the Armed Forces of Ukraine in the Black Sea, as companies prompting robust logistics investments in the region.”

Denys Marchuk noted that looking ahead, March is poised to see the Black Sea as a key hub for agricultural exports. 

He elaborated, “This holds significance given the impending marketing year commencing on July 1, 2024, necessitating the export of approximately 30 million tons of grain crops, considering the transitional balances in play.”

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