# As Russia blocks Ukraine’s trade corridors, focus shifts to Silk Road - May. 11, 2017 | KyivPost

> Russia's ban on transit of Ukrainian goods in winter 2016 cut Ukraine's exports to Central and East Asia by 40 percent. Ukraine has shifted to a longer route via the Black Sea, Georgia, and the Caspian Sea.

- Date: 2017-05-11 · published 2017-05-11T12:00:00.000Z
- Category: geopolitics · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/70861-as-russia-blocks-ukraine-s-trade-corridors-focus-shifts-to-silk-road-may-11
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rerouted Ukrainian exports cost more and take longer, which can raise freight costs and reduce competitiveness for grain and oilseeds shipped east. The effect on global prices is limited.

## Read by commodity

- CORN: neutral
- WHEAT: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-02-29 | [Food as the “Silent Weapon”: Russia’s Gains and Ukraine’s Losses](https://feedsoft.ai/events/14324-food-as-the-silent-weapon-russia-s-gains-and-ukraine-s-losses.md) | +6.6% | +0.4% |
| WHEAT | 2025-04-29 | [Ukraine arrests Russian "shadow fleet" ship](https://feedsoft.ai/events/14217-ukraine-arrests-russian-shadow-fleet-ship.md) | +2.1% | -2.8% |
| WHEAT | 2018-11-30 | [Grain exports not impacted by Russia, Ukraine tension \| 2018-11-30  \| World Grain](https://feedsoft.ai/events/61921-grain-exports-not-impacted-by-russia-ukraine-tension-2018-11-30-world-grain.md) | +2.7% | +3.1% |
| WHEAT | 2022-04-05 | [Supply shock caused by Russian invasion of Ukraine puts strain on various EU agri-food sectors](https://feedsoft.ai/events/41780-supply-shock-caused-by-russian-invasion-of-ukraine-puts-strain-on-various-eu.md) | -2.1% | +3.9% |
| WHEAT | 2022-01-28 | [Grain trade yet to feel impact of Russia-Ukraine tensions, but uncertainty prevails 28.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/14514-grain-trade-yet-to-feel-impact-of-russia-ukraine-tensions-but-uncertainty.md) | -1.8% | +2.3% |
| CORN | 2024-02-29 | [Food as the “Silent Weapon”: Russia’s Gains and Ukraine’s Losses](https://feedsoft.ai/events/14324-food-as-the-silent-weapon-russia-s-gains-and-ukraine-s-losses.md) | +3.7% | +3.8% |
| CORN | 2025-03-25 | [Russia, Ukraine agree to avoid attacks on grain ships, energy infrastructure on Black Sea](https://feedsoft.ai/events/14219-russia-ukraine-agree-to-avoid-attacks-on-grain-ships-energy-infrastructure-on.md) | -1.5% | +3.1% |
| CORN | 2022-04-05 | [Supply shock caused by Russian invasion of Ukraine puts strain on various EU agri-food sectors](https://feedsoft.ai/events/41780-supply-shock-caused-by-russian-invasion-of-ukraine-puts-strain-on-various-eu.md) | -2.1% | -5.3% |

## Sources

- archive.kyivpost.com: https://archive.kyivpost.com/business/russia-blocks-ukraines-trade-corridors-focus-shifts-finding-modern-silk-road-routes.html

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