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
Al Mayadeen's correspondent: Israeli drone strikes vehicle in Khirbet Selem, one martyr reported.
Reuters: US military carried out a new strike targeting a ship in the Caribbean Sea
Al Mayadeen's correspondent: Israeli raids targeted a cement plant, an asphalt factory, and fuel tanks in the Ansar area in South Lebanon
Al Mayadeen's correspondent: A series of violent Israeli raids targeted the outskirts of the town of Ansar
Al Mayadeen's correspondent: Israeli warplanes raided the outskirts of the town of Shmestar in Bekaa, eastern Lebanon
Donald Trump will speak with Russian leader Vladimir Putin on Thursday: White House
Al Mayadeen's correspondent in South Lebanon: Israeli warplanes raid the town of Bnaafoul, Saida district
YAF: Israeli enemy will pay for this crime.
Yemeni Armed Forces: Son of Major General Al-Ghamari martyred alongside him in Israeli aggression.
Yemeni Armed Forces: YAF mourns martyrdom of Chief of the General Staff Mohammad Abd al-Karim al-Ghamari.

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

Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • 14 Oct 2025
Palestinian journalist Saleh al-Jaafarawi in an undated image in Gaza, occupied Palestine (Social media)

Gaza Palestinian journalist Saleh al-Jafarawi killed by collaborators

  • Politics
  • 12 Oct 2025
drop site

New report details extensive Israeli arson in Gaza after ceasefire

  • Politics
  • 13 Oct 2025
Illustration of fists breaking shackles, representing the liberation of Palestinian detainees from Israeli prisons. (Illustrated by: AL Mayadeen English/Batoul Chamas)

4 prominent Palestinian detainees to be freed: Who are they?

  • Palestine
  • 13 Oct 2025

Coverage

All
War on Gaza

Read Next

All
The bodies of deceased Palestinians, held by Israel during the war, lie in plastic bags on the floor of Nasser Hospital in Khan Younis, Gaza, following their release, Wednesday, Oct. 15, 2025 (AP)
Politics

'Israel' returns 30 Palestinian bodies; some bear marks of torture

Gaza buried under 70 million tons of war debris as crisis deepens
Politics

Gaza buried under 70 million tons of debris, 20,000 lingering UXOs

Ex-White House adviser Ashley Tellis charged over secret files
Politics

Ex-White House advisor accused of amassing troves of top secret files

An Israeli soldier rests by a mobile artillery unit at a gathering point on the border with the Gaza Strip, in southern “Israel”, Saturday, Oct. 11, 2025. (AP)
Politics

Global arms bans isolate 'Israel', yet its war machine keeps running

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