Almost 7 million t of agricultural products were exported from Ukraine in March 2024 (down 5% or about 350,000 t compared with February). In particular, exports included 5.89 million t of grain (down 5% year-on-year or 300,000 t), 660,000 t of vegetable oil
The stevedoring companies operating in the Riga Freeport handled almost 1.6 million t of various types of cargo in March 2024, showing a 123,000 t hike compared with February. The increase is due to brisker transshipment of general cargo
The Liepaja SEZ cargo turnover did not change much in March compared to February. The port operators all together handled about 637,000 t of cargo (up 2% month-on-month or up 13,000 t against February).
The overall cargo turnover rose by 97,000 t to 3.3 million t at the port of Klaipeda in March 2024 compared with February. This is mainly due to increased transshipment in the Klaipeda State Seaport (up 93,000 t to 2.7 million t).
The Romanian railway company GRAMPET Group has announced the completion of construction and the start of testing of the largest transshipment terminal for agricultural products in Europe located on the Romanian-Ukrainian border in the village of Dornesti (Suceava County). The total investment amount is €10 million.
As part of the Chornotysiv Terminal project (Zakarpattia region), the installation of elevator equipment for storing and handling grain, vegetable oil and containers has been completed.
Approximately 40 million tonnes of grain and leguminous crops were exported from Ukraine during the period started July 1, 2023 and ended March 31, 2024 (down 13% compared with the same period of the marketing year 2022-23).
On Wednesday, March 20, the EU Parliament and Council reached a preliminary agreement on the extension of trade liberalization measures for Ukraine. It is expected that the temporary suspension of import duties and quotas on exports of Ukrainian agricultural products to the EU will be extended for another year – until June 5, 2025.
During the European Parliament’s meeting on March 12, representatives of many political groups called for an embargo and sanctions on food and agricultural products originating in Russia and Belarus.