Financial losses of Ukraine’s agricultural exports and ensuring food security during martial law

Abstract

This article is devoted to study of Ukraine’s agricultural exports and financial losses in agriculture due to russian military aggression. The dynamics and structure of Ukraine’s agricultural exports in 2021 and during martial war are analyzed. The main problems faced by agricultural enterprises during martial law have been identified. It has been established that the suspension of Ukraine's agricultural exports is connected with blockade of the Black and Azov Seas by the russian military. The material assets and agricultural lands of enterprises were also significantly damaged, and thefts, exportation of grain crops, fuel and mineral fertilizers were observed in the occupied territories in Ukraine. Indirect financial losses of Ukraine’s agricultural exports and agriculture of Ukraine during martial law were determined. The directions of support of Ukraine’s agricultural exports by the Government of Ukraine, world leaders and international organizations during martial law are studied. The directions of optimization economic activity of agrarian enterprises of Ukraine during martial law are substantiated. Ways to diversify logistics routes for Ukraine’s agricultural exports and food security in the world during martial law are proposed. The need to unblock Ukraine’s agricultural exports in order to prevent food starvation in African countries and ensuring food security in the world is pointed out.