Russia has the potential to increase the supply of agricultural products to Egypt by 79.6%

Published 2022년 12월 20일

Tridge summary

Russia is set to increase its agricultural exports to Egypt by 79.6% in 2022, valued at over $3.3 billion, as per the Federal Center for Export Development 'Agroexport'. The key products including wheat, corn, sunflower and soybean oils, frozen fish, and dried legumes, saw a decrease in exports in 2021, but there has been an increase in exports of sunflower oil, dried chickpeas, dried lentils, and cake and meal from sunflower seeds. In 2021, Egypt imported 5.1% of Russia's agricultural product exports, valued at $1.837.8 million.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the end of 2022, Russia has the potential to increase the supply of agricultural products to Egypt by 79.6% compared to the figure for 2021. This is stated in the materials of the Federal Center for Export Development "Agroexport" under the Ministry of Agriculture of the Russian Federation. "The estimated volume of the potential for the supply of agricultural products from Russia to Egypt is estimated at more than 3.3 billion dollars," experts say. According to their data, the main commodity items with the greatest export potential are wheat, corn, sunflower and soybean oils, frozen fish, and dried legumes. In addition, cake and meal of vegetable oils, frozen meat of cattle, poultry meat, crustaceans, chocolate confectionery have the potential to increase supplies from Russia to Egypt. According to Agroexport, in 2021, 5 million 917.2 thousand tons of products worth $1 billion 837.8 million were imported from Russia to Egypt. Egypt accounted for 5.1% of exports of agricultural ...
Source: Kvedomosti

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