G7 meeting on Ukraine: EU announces another 500 million euros for arms deliveries

Import prices for grain increased by more than 50 percent

The import of grain to Germany has become massively more expensive as a result of the Ukraine war. Import prices rose by 53.6 percent in March compared to the same month last year, as the Federal Statistical Office announced on Friday in Wiesbaden. A The last strong increase was in May 2011, when it was 74.0 percent. According to the information, the price increases affect all types of grain.

Before the war began, Ukraine was one of the world’s top grain producers. Many countries, especially poorer ones, are urgently dependent on cheap wheat from the country. Because of the Russian war of aggression against the However, sea routes and ports are blocked in Ukraine.

They play for Germany Imports from Ukraine with a share of 1.9 percent and from Russia with 0.1 percent, on the other hand, played a subordinate role. A total of around 11.4 million tons of grain worth 3.2 billion euros were imported last year. At the same time, Germany exported 11.7 million tons worth 2.8 billion euros. Wheat accounted for 60.7 percent. (dpa)

By Editor

One thought on “G7 meeting on Ukraine: EU announces another 500 million euros for arms deliveries”

Leave a Reply