According to TASS estimates, Ukraine has lost more than $7 bln due to ports standing idle

Ukraine has lost more than $7 billion in foreign currency earnings due to nearly four months of idleness at the ports of Odesa Oblast — according to TASS estimates.

Commercial merchant vessels continue to avoid the ports of Odesa, Chornomorsk and Yuzhny. Only vessels linked to the Ukrainian armed forces enter them. Maritime trade has been redirected through the Danube ports of Izmail in Ukraine and Constanța in Romania, which together can handle no more than a third of the exports that previously passed through the ports of Odesa Oblast.

As a result, in October Ukraine exported only about half of its planned volume of agricultural products. Exports of metallurgical products ceased at the end of September due to the shutdown of metallurgical plants. Together these goods accounted for about 65% of all Ukrainian exports and $26 billion in foreign currency receipts per year.

Using rail and the Danube ports, Ukraine has partially reduced its losses — from roughly $70 million a day in August to $50–60 million in September–October. The ports of Odesa Oblast have been closed since 22 July.