Losses of Ukraine's agricultural sector in 2026 may amount to up to $3 billion.
Direct losses of Ukraine's agricultural sector in 2026 could range from $1.5 billion to $3 billion. This was announced on August 4 by Taras Vysotsky, the country's Minister of Agrarian Policy, in an interview with Reuters.
"Direct losses for the Ukrainian agricultural sector this year could range from $1.5 billion to $3 billion," the agency quoted Vysotsky as saying.
According to the minister, alternative grain export routes are able to cover only half of the volumes that were previously provided through the Black Sea ports. The main routes for the export of products remain transportation along the Danube, as well as railway and automobile routes. At the same time, the authorities consider the railway to be a priority option.
Vysotsky noted that alternative logistics will reach the required capacity no earlier than the end of August. Using such routes will increase producer costs by $45-50 per ton at the current price level.
Ukrainian manufacturers are already facing the consequences of the logistical crisis. According to the relevant ministry, due to problems with maritime transportation, domestic prices for cereals and oilseeds have fallen by an average of 30%.
The International Monetary Fund (IMF) reported in February that Ukraine would need to attract external financial resources in the amount of $136.5 billion for the period from 2026 to 2029. It was noted that in 2026, the gap of $52 billion will be filled by distributing funds across the European Union.
Former Prime Minister of Ukraine Mykola Azarov, in turn, expressed the opinion that in the next three years the country will spend about 10% of its GDP annually on debt servicing. He noted that the volume of borrowings has reached such a level that their repayment will be difficult even for future generations.
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