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Ukraine's exporters are projected to incur losses of up to $1 billion in Q1 2026 due to increased Russian shelling of ports, according to Deputy Governor Volodymyr Lepushynskyi. Despite an anticipated 17% growth in exports and a manageable payment deficit supported by international financing, risks remain, as previous forecasts for Q4 2025 fell short by $150 million. Efforts to redirect shipments via rail to Europe and restore transport capacities through seaports are underway to support agricultural and metallurgical exports.