Caused by the Russian invasion of Ukraine, reduced annual crops production and lower domestic prices due to export disruptions were the main reasons for indirect losses of Ukraine's agriculture as of December 2023. Furthermore, over five billion U.S. dollars were estimated to be lost due to a decrease in livestock production. In total, the indirect losses were calculated at roughly 70 billion U.S. dollars.
Estimated indirect losses of agriculture due to the war in Ukraine as of December 2023, by reason category
(in billion U.S. dollars)
Characteristic
Losses in billion U.S. dollars
Due to lower annual crops production
34.3
From lower domestic prices due to export disruptions
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Kyiv School of Economics. (February 1, 2024). Estimated indirect losses of agriculture due to the war in Ukraine as of December 2023, by reason category (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1383795/indirect-losses-of-agriculture-in-ukraine-by-reason/
Kyiv School of Economics. "Estimated indirect losses of agriculture due to the war in Ukraine as of December 2023, by reason category (in billion U.S. dollars)." Chart. February 1, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1383795/indirect-losses-of-agriculture-in-ukraine-by-reason/
Kyiv School of Economics. (2024). Estimated indirect losses of agriculture due to the war in Ukraine as of December 2023, by reason category (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1383795/indirect-losses-of-agriculture-in-ukraine-by-reason/
Kyiv School of Economics. "Estimated Indirect Losses of Agriculture Due to The War in Ukraine as of December 2023, by Reason Category (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Feb 2024, https://www.statista.com/statistics/1383795/indirect-losses-of-agriculture-in-ukraine-by-reason/
Kyiv School of Economics, Estimated indirect losses of agriculture due to the war in Ukraine as of December 2023, by reason category (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1383795/indirect-losses-of-agriculture-in-ukraine-by-reason/ (last visited October 30, 2024)
Estimated indirect losses of agriculture due to the war in Ukraine as of December 2023, by reason category (in billion U.S. dollars) [Graph], Kyiv School of Economics, February 1, 2024. [Online]. Available: https://www.statista.com/statistics/1383795/indirect-losses-of-agriculture-in-ukraine-by-reason/
