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Black Sea Grain: Egypt’s trade exchange with Russia increases by 37% over H1 2018

Egypt’s trade exchange with Russia increased by 37% during first half (H1) of 2018 in comparison with same period of 2017.
29.08.18 | Interesting article at Black Sea Grain

Egypt’s trade exchange with Russia increased by 37% during first half (H1) of 2018 in comparison with same period of 2017, recording $3.212bn, according to the Head of Trade Representation of Russia in Egypt, Nikolai Aslanov on Monday, clarifying that the statistics source is the Russian Federal Customs Service.

Aslanov added that Russian exports reached $2,810bn increasing by 42% from January to June, while exports from Egypt increased by 12% to reach $402m in the same period, noting that the main items of Russian exports to Egypt are wheat, metals, oil and gas, means of transportation, wood and wood works and fats and oils.

Statistics mentioned that wheat represented 30% of total volume of exports with an increase of 25%, during the first six months up by $840m, adding that metals and metal ware contributed 23% of exports, an increase of 226%, up by $655mn.