Egypt ensures food security amid global trade challenges

Egypt ensures food security amid global trade challenges

Egypt has been facing food security challenges for years as it heavily relies on imported wheat to meet domestic demand. Egypt also imports a good amount of rice and other grains to cover local needs. Russia’s recent withdrawal from the Black Sea grain-export initiative and India's restrictions on rice exports have raised concerns about the future of food security in Egypt. However, the government has already taken steps to secure grain supplies and ensure market stability.

Russia’s Decision Impacts Egyptian Grain Security

Egypt increased wheat imports by about 34% from the beginning of 2023 until July 18th, reaching 5.66 million tons, compared to 4.22 million tons in the same period last year, Asharq Business cited an official document.

Russia's withdrawal from the Black Sea grain-export initiative, which was set to guarantee safe passage for ships carrying grain from Ukrainian ports, is likely to result in a sharp increase in food prices in several East African countries, including Egypt. In June, El Ahram Newspaper cited reports by the United Nations (UN)’s Food and Agriculture Organization (FAO), stating that Egypt is probably to import around 12 million tons of wheat in fiscal year (FY) 2023/2024, positioning the country as the top wheat importer in the