Laos, Malawi, Eswatini: Ukrainian exporters have mastered new markets thanks to the maritime corridor

Thanks to the sea corridor, Ukrainian exporters were able to open new exotic markets.

This is stated in the NBU inflation report.

The National Bank noted that the sea corridor had a tangible impact, in particular, on the geographical structure of exports of goods. It made it possible to resume deliveries to traditional destinations for Ukraine – countries in Asia and Africa, to which delivery by other modes of transport was mostly difficult or completely impossible.

In addition, Ukrainian exporters managed to master new, “very exotic markets” of sales. Thus, in 2024, exports were recorded to Dominica (pumps), Laos (oilcake and poultry meat), Malawi, (corn and packaging bags), Eswatini (medicines), East Timor (packaging bags) and others.

The NBU reported that with the start of the operation of the sea corridor, both the range of exports and the ability to transport imported goods have significantly expanded.

In particular, in 2024, MMC producers received unhindered access to sea routes, which immediately affected the growth of external supplies. However, the export of these products is limited by losses of production capacities, electricity shortages and regular shelling of infrastructure. As a result, MMC external supplies remain significantly lower than before the full-scale invasion.

At the same time, exports of agricultural products have almost fully recovered, and grain supplies by all modes of transport even exceeded the indicators of 2020-2021.

Earlier, USM reported that the price per ton of Ukrainian agricultural exports increased by 1.4 times.