In 2024, Egypt imported more than 10 million tons of wheat

Published Oct 10, 2024

Tridge summary

Egypt's wheat imports reached 10.8 million tons from January to September 2024, with 8 million tons coming from Russia and 1.5 million tons from Ukraine, according to customs data. Despite this, the country is still carrying out plans to reduce wheat imports and replace them with sorghum and corn to lower the costs of subsidized bread. The state-owned Egyptian grain operator, GASC, has also secured a large direct agreement for the supply of 510,000 tons of Black Sea wheat monthly from November 2024 to April 2025.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to customs data, Egypt imported 10.8 million tons of wheat during January-September 2024 (8.3 million tons in the same period last year), of which 8 million tons were delivered from the Russian Federation and 1.5 million tons from Ukraine. It will be recalled that Egypt plans to reduce wheat imports and partially replace them with sorghum and corn in order to reduce the costs of subsidized bread. At the same time, the other day, the state-owned Egyptian grain ...

Source: Graintrade