Agriculture has been a key sector in the overall Ukrainian economy, ranking third behind services and industry. In 2021, prior to the Russian invasion, agriculture accounted for more than 10% of GDP and 14% of total employment. Agriculture has also been responsible for more than 40% of Ukrainian exports.
A new report from Ag Equipment Intelligence examines the equipment needs the country will have post-war.
A damage assessment report published in February 2025 estimates that total damages in Ukraine’s agriculture sector have climbed to roughly $11.2 billion. Farm machinery represents the largest share of total damages at 58%, which equates to nearly $6.5 billion. Damage to storage facilities amounts to another $1.9 billion. The damage assessment report, known as the RDNA4, is a collaboration between the World Bank, the Government of Ukraine, the European Union and the United Nations.
Total ag sector recovery and reconstruction needs are now estimated at $55.5 billion over a 10-year period (2025-2035), according to the RDNA4. Total irrigation sector needs are estimated at $10.9 billion. Those overall assessments include the following:
- Farm equipment and machinery – $7.2 billion
- Storage facilities – $2.26 billion
- Advancement of climate-smart technologies adoption – $15 billion
- On-farm irrigation equipment and technology – $327 million
While there are many Ukrainian farm equipment manufacturers, the Ukrainian ag economy has relied heavily on imported equipment. According to the Turkish Association of Agricultural Machinery & Equipment Manufacturers, the 10-year import average prior to the Russian invasion was roughly $1.1 billion per year.
In the first 2 years of the war, that volume dropped nearly 20%. Nearly half of that contraction was recovered in 2024, and has continued inching upward this year. In the event of a peace settlement, the association anticipates a doubling of imports in the first stage of Ukraine’s recovery, with additional increases thereafter.
The full report will be out later this month and is available for pre-order at AgEquipmentIntelligence.com.
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