Russian Strikes on Ukrainian Ports Threaten 2% of GDP
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Insights by Echo AI
Russian attacks on Ukrainian ports, particularly in Odessa, have significantly hindered grain exports, with potential losses estimated at 1.8-2.1% of Ukraine's GDP in 2026 and 2027, and up to 5.3% in 2028 if the blockade continues. Farmers face challenges storing grain or selling it domestically at heavy losses.
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