Ukraine could export 60 million tons of grain in eight to nine months if its ports are not blocked, but Russia’s attack on the port of Odessa showed that it will definitely not be that easy, an economic adviser to Ukraine’s president said on Sunday. ).
Ukraine could earn up to $10 billion by selling 20 million tons of grain stored in silos and 40 million tons of its new crop, adviser Oleh Ustenko said.
“The total harvest is 60 million tons of grain, but 20 million are for domestic consumption,” he said.
“If the ports are unblocked now, and we say that we need to transport 60 million tons of grain. […] then we will transport 60 million tons of grain within eight to nine months,” he added.
“But the way they are opening up now and what Russia is doing in the Black Sea, yesterday’s attack shows that it definitely won’t work that way,” he said.
Russian missiles hit the port of Odessa a day after Russia and Ukraine signed an agreement brokered by the United Nations and Turkey to reopen Black Sea ports and resume grain exports.
Moscow says it hit military infrastructure.
The agreement is expected to ease global food shortages caused by the war.
Ukraine will need 20 to 24 months to export those volumes if its ports do not work properly, said the Ukrainian adviser.