# Ukraine: the new Black Sea corridor is a success | OSW Centre for Eastern Studies

> Ukraine says its Black Sea corridor exported 10 million tonnes of goods in four months, nearly 5 million of them agricultural. Vessel arrivals rose steadily after the route opened in September, and shipments of non-food cargo are also increasing.

- Date: 2023-12-22 · published 2023-12-22T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14338-ukraine-the-new-black-sea-corridor-is-a-success-osw-centre-for-eastern-studies
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Steady corridor export flow restores Ukrainian grain supply to world markets, which is bearish for feed grain prices and freight rates as ship owners return.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-26 | [26 Million Tons Of Cargo Exported Through Ukraine’s Black Sea Corridor » The Center for Transport Strategies](https://feedsoft.ai/events/14325-26-million-tons-of-cargo-exported-through-ukraine-s-black-sea-corridor-the.md) | +0.5% | +7.8% |
| CORN | 2023-10-24 | [Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister](https://feedsoft.ai/events/14353-ukraine-exports-700-000-t-grain-via-new-black-sea-corridor-minister.md) | -4.3% | -4.8% |
| CORN | 2023-10-26 | [Ukraine says its Black Sea grain corridor is working \| Reuters](https://feedsoft.ai/events/14351-ukraine-says-its-black-sea-grain-corridor-is-working-reuters.md) | -3.5% | -3.6% |
| CORN | 2023-11-09 | [Ukraine: Alternative Black Sea export corridor is working despite attack \| Reuters](https://feedsoft.ai/events/14345-ukraine-alternative-black-sea-export-corridor-is-working-despite-attack-reuters.md) | -1.5% | -1.0% |
| CORN | 2023-11-17 | [Ukraine says 151 ships have used Black Sea corridor \| Reuters](https://feedsoft.ai/events/14346-ukraine-says-151-ships-have-used-black-sea-corridor-reuters.md) | -1.2% | +0.7% |
| WHEAT | 2024-02-26 | [26 Million Tons Of Cargo Exported Through Ukraine’s Black Sea Corridor » The Center for Transport Strategies](https://feedsoft.ai/events/14325-26-million-tons-of-cargo-exported-through-ukraine-s-black-sea-corridor-the.md) | -4.4% | -4.2% |
| WHEAT | 2023-10-24 | [Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister](https://feedsoft.ai/events/14353-ukraine-exports-700-000-t-grain-via-new-black-sea-corridor-minister.md) | +1.8% | +0.8% |
| WHEAT | 2023-10-26 | [Ukraine says its Black Sea grain corridor is working \| Reuters](https://feedsoft.ai/events/14351-ukraine-says-its-black-sea-grain-corridor-is-working-reuters.md) | +2.2% | +1.7% |

## Sources

- osw.waw.pl: https://www.osw.waw.pl/en/publikacje/analyses/2023-12-22/ukraine-new-black-sea-corridor-a-success

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.