Ukraine (news now) – 11/02/2022. 18:38
Russian and Ukrainian wheat… an economic victim that will affect Arab countries if war breaks out
- Egypt, Morocco and Saudi Arabia are among the most prominent countries in which Ukrainian wheat reserves an important part of its total imports.
- The Kingdom of Saudi Arabia imported 592,000 tons of Ukrainian wheat during 2021
While the world is preoccupied with military moves and political stances resulting from the Russian-Ukrainian crisis, another crisis is looming on the horizon that will be reflected in some Arab countries, as the Russian-Ukrainian clash threatens the chances of completing wheat import operations for Arab countries, especially those from Ukraine.
Egypt, Morocco and Saudi Arabia are among the most prominent countries in which Ukrainian wheat reserves an important part of its total imports, as Egypt’s imports from Ukraine reached about 2.4 million tons in 2021, according to “Agrochart”, out of a total of 5.5 million tons imported by the Egyptian Ministry of Supply, according to statements The Egyptian Minister of Supply, Ali Moselhi, toldBloomberg“.
Morocco annually imports about 3.6 million tons of wheat, according to data from the National Professional Office for Cereals and Cotton. One million and one hundred thousand tons is imported by Rabat from Kiev.
As for the Kingdom of Saudi Arabia, it imported 592,000 tons of Ukrainian wheat during 2021, which is four times what it bought in the 2020 season, according to the “Okragro Consult” website, out of the total 3.5 million tons of wheat that the Kingdom imports annually, according to statements by the governor of the General Organization for Grains in Saudi Arabia, Ahmed. Knight for Anadolu Agency.
Algeria appears to be the least affected, as it imports Russian wheat, and the last imported batch was estimated at no less than 600,000 tons, according to Russia Today, out of a total of 7 million tons annually imported.