Due to port blockades, Ukraine could lose out on €10.8 billion in agricultural exports, according to the Ministry of Agrarian Policy


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Due to the shutdown of Ukrainian ports, more than half of the agricultural products scheduled for export in the 2026/27 marketing year may remain unsold. More than €10.8 billion could be tied up in these inventories.
This was reported by the Ministry of Agrarian Policy and Food.
Ukraine is calling on the European Union to establish a grant mechanism to support farmers.
Constant shelling and the closure of three deep-water ports in the Greater Odesa region—through which more than 90% of agricultural exports typically pass—have jeopardized the export of the harvest and the 2027 planting season.
Of the 64.4 million metric tons needed in the 2026/27 marketing year, Ukraine will be able to export only about 29.6 million metric tons via alternative routes. As early as November, the shortage of storage capacity could reach 11 million metric tons.
Due to the blockade of seaports, thousands of Ukrainian farmers are losing the opportunity to sell their harvest and finance a new production cycle. We clearly emphasize: Ukraine does not seek to redirect these volumes to the EU market. We are requesting targeted liquidity support
Taras Vysotsky Minister of Agrarian Policy and Food Taras Vysotsky.
Ukraine has proposed that the EU provide a €220 million non-repayable grant to compensate for interest rates and partially cover banking risks, in particular by expanding the “5-7-9%” program. Every €1 of the grant will help attract more than €18 in preferential loans, providing agricultural producers with over €4 billion in working capital.
International partners agreed to immediately work on launching the mechanism through the Ukraine Facility in the coming weeks.
As a reminder, Russia has intensified its shelling of Ukraine’s Black Sea ports, effectively blocking the maritime transport of Ukrainian agricultural products for the first time since 2022. “Shelter” interviewed experts about the consequences of the blockade of Ukraine’s “grain corridor,” as well as forecasts and potential solutions to the situation.
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Olga Shendetska news feed editor
All materialsShe studied at Tavria State University. She has been working in journalism since 2019. She worked for the Israeli publication "Cursor" and as an editor for the financial website Traders Union.