Egypt to see wheat imports resume from Ukraine, Russia
Egypt also banned wheat exports to protect its grain supply, which has been threatened by the Russian invasion of Ukraine. Egypt is one of the largest wheat importers in the world.
Egypt will soon receive wheat imports amid the ongoing Russian invasion of Ukraine.
Wheat shipments from Ukraine, Russia and Romania have been loaded and will arrive at Egyptian ports “within the coming days,” the Ministry of Supply and Internal Trade said yesterday.
The wheat loads weigh 189,000 tons, with each country providing 63,000 tons. Egypt also received an additional 126,000 tons from France and Romania last week, according to the statement.
Why it matters: With a population of more than 100 million, Egypt is one of the biggest wheat importers in the world. Ukraine and Russia are both major wheat exporters, and Russia’s invasion of Ukraine has created chaos in world commodity markets.
