Ukraine increases road food exports in September: Brokers

Published: Updated:
Read Mode
100% Font Size
3 min read

Ukraine, which must export its bumper grain and vegetable oil output, has increased its road shipments in September, brokers said on Wednesday.

Spike Brokers said that 514,000 metric tons of agricultural goods were exported by lorries in September, compared with 506,000 tons in August.

For all the latest headlines follow our Google News channel online or via the app.

“Around 35 percent of automotive exports pass through checkpoints on the border with Poland. About 25 percent of the exports pass through the border with Romania,” Spike Brokers said on Telegram messaging app.

Brokers said that rapeseed, sun oil and wheat dominated the export shipments.

The company expects that the volume could increase further if Warsaw opens its local market for Ukrainian food.

Relations with Warsaw have soured since it banned Ukrainian food imports, citing the need to protect its own farmers, although it still allows the transit of Ukrainian goods through Poland en route to other countries.

Ukraine is still trying to secure a deal with Warsaw in the dispute over the import restrictions, imposed by the Polish government before a parliamentary election on Oct. 15.

Poland and other eastern European countries are not usually big markets for Ukrainian grain shipments but supplies to these countries have grown significantly since the wartime blockade of Ukraine’s Black Sea ports deprived Kyiv of traditional markets in Africa, Asia and the Middle East.

However, regions of eastern European countries that border Ukraine used to frequently import Ukrainian food, which could be cheaper than local food due to logistical proximity.

“The removal of import barriers by Eastern European countries could lead to an increase in road exports to almost 1 million tons per month or 12 million tons per year,” brokers said.

Read more:

UK will work with NATO allies on aid to Ukraine, Shapps says

Twelve more vessels to enter Black Sea shipping corridor toward Ukrainian ports: Navy

Warsaw, Kyiv make breakthrough on transit of Ukrainian grain

Top Content Trending