Source Pravda.Ru

Egypt becomes Russia's largest buyer of food

Egypt has become the largest buyer of Russian food products, having left China behind for the first time, RBC reports with reference to the Russian Export Centre. In 2017, Egypt's food imports from Russia made up $1.73 billion, which was almost 44 percent more than in 2016.

For comparison, China's food imports from Russia amounted to $1.71 billion having increased by eleven percent vs. the previous year.

Eighty-two percent of all of Egypt's food imports from Russia accounts for wheat. Russia has shipped 7.8 million tons of wheat to Egypt, which accounts for approximately a quarter of wheat exports from the Russian Federation. Total wheat imports to Egypt made up 11.2 million tons.

In the near future, Egypt may become a profitable market for the Russian poultry, as Russia already suffers from overproduction of poultry, experts said.

Total food exports from Russia in 2017 increased by almost a quarter and amounted to 19 billion dollars.

On February 16, Bloomberg reported that Russia's grain imports in 2017-2018 would make up 36.6 million tons. If the forecast is true, it will be the largest number for any country in the world over the past 25 years.

Pravda.Ru


Russians to be protected from fast food
Comments
Argentina hides the truth about the death of San Juan submarine
Moving inexorably towards war
Presidential and midterm elections in the USA change the 'American project' entirely
USA plays to pretend a mighty dragon that can no longer breathe fire
Presidential and midterm elections in the USA change the 'American project' entirely
Brexit: The UK's misunderstanding of Democracy
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Nagorno-Karabakh: 20,000 people killed, but no one is interested
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Russia rips its economy apart with help from the West
Brexit: The UK's misunderstanding of Democracy
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Why Trump tries to re-industrialize America
Russians lose faith in their future, get ready for worse
Theatrical posters depicting naked dancers banned in Russian provincial city
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy