Russia's share in wheat imports to Egypt reached 68%: experts estimated the increase to 6.83 million tons.

Russia's share in wheat imports to Egypt has grown to 68%, which is around 6.83 million tons. Wheat exports from Russia to Egypt in the first 10 months of 2023 reached almost 2.29 billion dollars, increasing by more than 680 million dollars.

19 May 2024

Russia's share of wheat imports to Egypt has increased to 68%. Last year, this figure was slightly over 55%. This was announced by Akram Hossein al-Shafie, a member of the board of the Egyptian Chamber of Commerce and Industry, as reported by RIA Novosti.

According to him, Russia and Ukraine account for 80% of the total wheat import volume to Egypt, which is about 8 million tons. Last year, these two countries imported 5.4 million tons. Al-Shafie noted that Russia is the main supplier of wheat to Egypt.

"Russia's share of wheat imports to Egypt has increased to 68%, which is 6.83 million tons, compared to 55.1% of the total import volume last year," he said at the international economic forum "Russia - Islamic World: KazanForum".

The expert added that in the first 10 months of 2023, wheat worth about $2.29 billion was imported from Russia. Compared to the same period in 2022, the growth was over $680 million.

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Russia's share in wheat imports to Egypt reached 68%: experts estimated the increase to 6.83 million tons.

Russia's share in wheat imports to Egypt has grown to 68%, which is around 6.83 million tons. Wheat exports from Russia to Egypt in the first 10 months of 2023 reached almost 2.29 billion dollars, increasing by more than 680 million dollars.

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