• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 17 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 days The United States produced more crude oil than any nation, at any time.
  • 7 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 11 mins How Far Have We Really Gotten With Alternative Energy
ZeroHedge

ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

Ukraine’s Grain Flows Shift To Europe

  • Ukraine's grain exports were affected by the war and blockage of its Black Sea ports.
  • Romania, Poland, and Hungary saw an increase in grain inflows from Ukraine in 2022.
  • Ukraine's grain exports to Asia and North Africa decreased as the flow of exports via maritime trade was disrupted.
Grain

Russia's invasion of Ukraine and the temporary blockage of its Black Sea ports have redirected the flow of grain from Ukraine. 

One of the world's leading producers of wheat, corn and vegetable oils, Ukraine shipped much of its grain internationally prior to the war, with seven of the 10 most important destination markets for Ukrainian grain exports in 2021 located in Asia and North Africa (eight when including Turkey).

That changed drastically in 2022, as the following chart illustrates.

You will find more infographics at Statista

 According to data from the UN Comtrade database, much of Ukraine's grain exports ended up in Europe last year, with Romania, Poland and Hungary seeing particularly large increases in inflows of grain from their embattled neighbor. 

Meanwhile, Indonesia, Iran, Pakistan, Morocco and Tunisia all dropped out of the top 10, as the flow of Ukrainian exports via maritime trade was severely disrupted.

By Zerohedge.com 

ADVERTISEMENT

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News