Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Trump: There is consensus regarding the next stages of Gaza
Donald Trump says he will visit 'Israel' and Egypt
Al Mayadeen's correspondent in Lebanon: Israeli helicopters dropped explosive devices on a house in the town of Aita al-Shaab, south Lebanon.
Lecornu says he accepts being reappointed French PM 'out of duty'
Macron reappoints Sebastien Lecornu as France's PM
Palestinian youth killed by Israeli occupation forces in the center of Jenin, in the occupied West Bank: Al Mayadeen's correspondent
Fars News Agency denies social media reports about the assassination of the commander of the IRGC Quds Force, Brigadier General Esmail Qaani
Statement by Hamas, Islamic Jihad, and the Popular Front for the Liberation of Palestine: A salute of pride and honor to the support fronts in Yemen, Lebanon, Iran, and Iraq, who offered martyrs on the path to al-Quds
Statement by Hamas, Islamic Jihad, and the Popular Front: The steadfastness of the Resistance fighters and all our people foiled the displacement and uprooting schemes and set an immortal lesson in steadfastness and defiance
Statement by Hamas, Islamic Jihad, and the Popular Front: Our people in the Gaza Strip confronted the most horrific Zionist crimes with legendary steadfastness and resilience

Ukraine agriculture to lose $227mln monthly after Eastern Europe ban

  • By Al Mayadeen English
  • Source: Agencies
  • 24 Sep 2023 13:21
  • 1 Shares
3 Min Read

The main losses from the embargo will come from corn, which garnered about $100 million per month on average at the end of last year.

  • x
  • Combines harvest wheat at a farm near Kramatorsk, in Donetsk region, Ukraine, on August 4, 2023 (AFP)
    Combines harvest wheat at a farm near Kramatorsk, in Donetsk region, Ukraine, on August 4, 2023 (AFP)

As a result of the embargo set by Slovakia, Hungary, and Poland on agricultural products, Ukraine may suffer a loss of over $227 million a month, which is almost as much as it earns on gas transit per quarter, according to Sputnik's calculation using data from the countries' statistical services.  

The embargo from Poland includes wheat, corn, wheat flour, rapeseed, and sunflower seeds, and between September and December 2022, Poland purchased an average of $112 million of them from Ukraine monthly. 

Per Sputnik's analysis of the company's reporting, Ukrainian energy company Naftogaz gained $234.4 million for gas transit per quarter last year.

The embargo by Hungary is due to impact 24 products, including grain, some seeds, sugar, oil, and honey, which will cost Ukraine $89 million per month - the average amount Hungary spent on goods from Ukraine during the end of 2022.

Read more: Europe thinking twice about Ukraine aid ahead of regional elections

Related News

Viktor Orban warns European Union risks collapse without reform

EU mulls curbing Russian oil pipeline supplies to Hungary, Slovakia

As for Slovakia, it banned the import of just wheat, corn, rapeseed, and sunflower seeds, which Ukraine exported $26.4 million worth of last year.  

'Never insult Poles again'

The main losses from the embargo will come from corn which garnered about $100 million per month on average at the end of last year, while the second would be rapeseed with an average monthly import of $74.5 million, and sunflower seeds with $25.6 million.  

The ban comes as an extension of a ban on duty-free Ukrainian grain imports to the European Union after EU-imposed curbs fell through on September 15, prompting Ukrainian Deputy Economy Minister Taras Kachka to call the decision unlawful and thus Ukraine filed a complaint with the World Trade Organization (WTO).

During his address at the United Nations General Assembly in New York, Ukrainian President Zelensky accused Russia of weaponizing food and energy after criticizing "some friends" in Europe for "false solidarity" and playing along with Russia.

As a response, Polish Prime Minister Mateusz Morawiecki announced that Poland would no longer be supplying Ukraine with weapons and warned Zelensky to "never insult Poles again."

Poland has been one of, if not the most, vocal nations to speak up on Ukrainian agriculture. Back in July, Morawiecki said "Either the European Commission agrees to develop a general regulation that will extend this ban, or we will do it ourselves. We will be firm, we will be decisive and we will definitely defend a Polish farmer."

  • Hungary
  • Poland
  • Russia
  • Slovakia
  • Ukraine

Most Read

A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Mossad’s secret role in Aldo Moro’s 1978 murder revealed

Mossad’s secret role in Aldo Moro’s 1978 murder exposed

  • Politics
  • 5 Oct 2025
The Palestinian resistance and the people of Gaza showed that after combating Israeli aggression for two years, they remain victorious in the face of oppression (Mahdi Rteil/Al Mayadeen English)

Al-Aqsa Flood two years on, a tale of victory

  • Politics
  • 6 Oct 2025
President Donald Trump walks from Marine One after arriving on the South Lawn of the White House, Tuesday, Sept. 30, 2025, in Washington. (AP Photo/Alex Brandon)

Trump sets record-low refugee cap in new immigration policy shift

  • Politics
  • 4 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Displaced Palestinian children search for firewood and plastic in a landfill beside the makeshift tent camp where they are taking shelter, in Khan Younis, southern Gaza Strip, Tuesday, September 30, 2025. (AP Photo/Jehad Alshrafi)
Politics

Gaza orphans: Wounded, alone, and trapped in a humanitarian crisis

US President Donald Trump walks on the South Lawn after arriving on Marine One at the White House, Friday, October 10, 2025, in Washington. (AP Photo/Alex Brandon)
Politics

Accidental Truth Social post exposes Trump push to indict adversaries

A displaced Palestinian woman carries her baby as she walks with others along the coastal road near Wadi Gaza in the central Gaza Strip, heading toward Gaza City, Friday, Oct. 10, 2025 (AP)
Politics

UNICEF warns of skyrocketing child deaths in Gaza amid lack of aid

Former President Jimmy Carter's 2002 Nobel Peace Prize is sen on display at the Jimmy Carter National Historical Park, Monday, December 30, 2024, in Plains, Ga. (AP Photo/Mike Stewart)
Politics

Trump team blasts Nobel Committee for passing president over

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS