Mykolaiv loses 40% of revenue due to blocked ports

The downtime of sea terminals is hitting the economy of the Mykolaiv region, forcing businesses to look for new logistics routes.

Due to the blockade of the Mykolaiv ports, the region is losing about 40% of its budget revenues. This was reported by the head of the Mykolaiv Regional Military Administration Vitalii Kim on the air of the Mykolaiv Regional Military Administration TV channel.

The main problem for the region’s enterprises remains the export of products, a significant part of which is agricultural goods. Complicated logistics are forcing farmers to rebuild supply chains, using routes through the Izmail district of the Odesa region.

“Our farmers are forced to export through Odesa, Reni and other ports operating within the “grain corridor. Because of this, many have switched to growing industrial crops and are looking for new opportunities for survival,” Kim noted.

In addition, the personnel shortage in the Mykolaiv ports is increasing, as employees are transferring to enterprises that continue to operate, in particular in the Odesa region.

USM previously wrote that the opening of the Mykolaiv port largely depends on political will.