2 days ago
Ukraine, Egypt agree steps to boost grain and sunflower oil trade
Talks focused on strengthening food supply chains and expanding Ukraine's agricultural footprint in the Egyptian marketUkraine exported $776.5 million worth of goods to Egypt in the first half of 2025CAIRO: Egypt and Ukraine have agreed to take specific steps to boost trade in key farm commodities including grain and sunflower oil as Kyiv seeks to deepen ties with its largest trading partner in the Middle East and North Africa, the Ukrainian embassy embassy statement on Wednesday did not elaborate on the steps or provide a announcement came shortly after a meeting in Cairo between Ukrainian Ambassador Mykola Nahornyi and senior officials from the state grain buyer, the Future of Egypt for Sustainable focused on strengthening food supply chains and expanding Ukraine's agricultural footprint in the Egyptian market, the embassy statement exported $776.5 million worth of goods to Egypt in the first half of 2025, primarily wheat, whose exports to Egypt reached 1.31 million metric tons. Corn exports to Egypt were at 1.06 million tons and soybeans were 360,000 tons, according to the bilateral trade during the period reached $947.9 million, it is often the world's largest wheat importer, relying on foreign supplies for both its subsidised bread program and private milling. Ukraine and Russia have both traditionally been the main source for Egypt's grain in the first half of this year, Egypt's wheat imports fell by more than 27 percent year-on-year to around 5.2 million metric tons, with the government's share of those imports plunging more than 57 percent to 1.5 million embassy said the new measures aim to improve logistics and ensure more efficient, timely and transparent deliveries to Ukrainian Embassy and Future of Egypt both did not immediately respond to a Reuters request for comment.
