Egypt imports 80% of its wheat needs from Russia and Ukraine

Published 2022년 2월 25일

Tridge summary

In 2021, Egypt imported 80% of its wheat requirements, with the majority of the imports coming from Russia and Ukraine. The value of Egypt's wheat imports decreased by 2.4 billion dollars in the first 11 months of the year, compared to the same period in 2020, and the quantity of imports also decreased by 48.4% compared to the previous year. Other countries like Romania, Australia, France, Lithuania, the Maldives, and South Korea also contributed to Egypt's wheat imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Central Agency for Public Mobilization and Statistics revealed that Egypt imported 80% of its wheat needs during the 11 months of 2021, from both Russia and Ukraine. The agency’s data indicated that the value of Egypt’s wheat imports decreased by 2.4 billion dollars during the first 11 months of the year. In 2021, compared to $2.9 billion during the same period in 2020, a decrease of 16.2%. Read also: Wheat rises near 13-year high on fears of supply shortages from Russia and Ukraine 3.4 billion dollars, the value of trade between Egypt and Russia during 11 months from 2021 The quantity of Egypt’s imports of wheat declined to about 6.1 million tons during the first 11 months of 2021, compared to 11.8 million tons during the same period in 2020, a decrease of 48.4%. In the first 11 months of 2021, the value of Egypt’s imports amounted to 1.2 billion dollars, with a quantity of 4.2 million tons, representing 69.4% of the total amount of ...
Source: Amwalalghad

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