Ukraine Grain Deal Coordinator Announces Ship Inspections Resume
Ukraine’s grain deal coordinator has announced that ship inspections have resumed in the country’s ports. This news comes after a two-month suspension due to the coronavirus pandemic. The announcement was made by the Ukrainian Grain Association (UGA) on April 19th, 2023.
Grain Exports in Ukraine
Ukraine is one of the world’s leading grain exporters. It is the world’s third-largest exporter of wheat and the fourth-largest exporter of corn. In the 2020/2021 season, Ukraine exported a record-breaking 55 million tons of grain. This was a 10% increase from the previous season.
The country’s grain exports are vital to its economy. In 2020, grain exports accounted for 8.5% of Ukraine’s total exports. This was a significant increase from the 6.7% in 2019.
Impact of the Coronavirus Pandemic
The coronavirus pandemic has had a significant impact on Ukraine’s grain exports. In March 2020, the country’s ports were closed due to the pandemic. This led to a two-month suspension of ship inspections.
The suspension of ship inspections had a major impact on Ukraine’s grain exports. In the 2020/2021 season, the country’s grain exports were down by 8.5% compared to the previous season.
Resumption of Ship Inspections
The Ukrainian Grain Association (UGA) has announced that ship inspections have resumed in the country’s ports. This news comes after a two-month suspension due to the coronavirus pandemic.
The UGA has stated that the resumption of ship inspections will help to ensure the smooth operation of the country’s grain exports. The association has also stated that it is working closely with the government to ensure that the country’s grain exports remain on track.
Grain Exports to Increase
The resumption of ship inspections is expected to lead to an increase in Ukraine’s grain exports. The UGA has stated that it expects the country’s grain exports to reach 60 million tons in the 2021/2022 season. This would be a 9% increase from the previous season.
The UGA has also stated that it expects the country’s grain exports to continue to increase in the coming years. The association has stated that it expects the country’s grain exports to reach 70 million tons by 2025.
Conclusion
Ukraine’s grain deal coordinator has announced that ship inspections have resumed in the country’s ports. This news comes after a two-month suspension due to the coronavirus pandemic. The resumption of ship inspections is expected to lead to an increase in Ukraine’s grain exports. The UGA has stated that it expects the country’s grain exports to reach 60 million tons in the 2021/2022 season and 70 million tons by 2025.