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Russian strikes have caused over $11 billion in direct damage to Ukraine’s agricultural sector — Bloomberg

Russian strikes have caused over $11 billion in direct damage to Ukraine’s agricultural sector — Bloomberg

11 June 2026, 14:00

Russian strikes have caused over $11 billion in direct damage to Ukraine’s agricultural sector — Bloomberg — Losses incurred by the Ukrainian agricultural sector as a result of the war

Direct losses to Ukraine’s agricultural sector as a result of Russian attacks have already exceeded $11 billion. Agricultural machinery, grain terminals, warehouses and export infrastructure have been hit hardest.

Taras Vysotsky, Deputy Minister of Economy, made this statement in comments to Bloomberg.

According to him, losses from the destruction of machinery, damage to grain silos and warehouses, and stolen or destroyed produce alone are estimated at $6.5 billion. The remainder of the losses stems from the destruction of logistics and production infrastructure.

The strikes on the Odesa region, which serves as the main maritime gateway for Ukrainian agricultural exports, have been particularly severe. In late 2025 and early 2026, Russian attacks on port infrastructure intensified sharply.

According to Vysotsky, in the first few months of 2026 alone, the ports of Greater Odessa suffered over 180 strikes – almost as many as in the whole of the previous year.

“At peak times, this reduced export capacity by 20–30%, although overall the ports remain operational and are coping with the workload,” he noted.

Facilities belonging to international agribusiness companies have also come under Russian attack. This year, the infrastructure of the American giants Bunge and ADM, which operate in the Ukrainian grain and oilseed market, has been damaged.

Damage assessments and restoration work are currently underway at the affected sites. According to the Deputy Minister, it is too early to speak of a full resumption of their operations.

However, the Ministry of Economy stresses that the real cost of the war to the agricultural sector is significantly higher than the officially recorded direct losses.

“The actual losses are many times greater than $11 billion, if we take into account lost profits, foregone investment and human capital,” Vysotsky emphasised.

The agricultural sector traditionally remains one of the key drivers of the Ukrainian economy. Prior to the full-scale invasion, it accounted for around 40% of the country’s commodity exports.

Following the opening of the Ukrainian maritime corridor through the Black Sea, the ports of Greater Odesa have once again become the main route for the export of grain and oilseeds. Consequently, port and agricultural infrastructure are most frequently targeted by Russian attacks.

Despite this, Ukraine retains its status as one of the world’s largest exporters of grain, maize and sunflower oil.

As a reminder, a UN project on demining and support for farmers was launched in the Kherson region at the end of May.

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