Top wheat importer Egypt looks for sources outside Russia and Ukraine – The National
Top wheat importer Egypt looks for sources outside Russia and Ukraine – The National
Egypt, the world’s top importer of wheat, is looking for new sources after the Russian invasion of Ukraine disrupted crucial supply from the two major exporting countries.
The state’s main state buying agency, the General Authority for Supply Commodities, issued an international tender for Monday to buy 55,000 to 60,000 tonnes of wheat.
Global grain markets are facing turmoil following Russia’s invasion of Ukraine on Thursday, with the two countries accounting for about 30 per cent of the world’s wheat supply. Russia is the world’s largest wheat exporter and Ukraine is among the top five.
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