Cairo – Mubasher: Trade exchange between Egypt and Russia hiked 75% year-on-year in the first quarter of 2018, registering more than $1.66 billion in the three-month period ended March 2018.
Russian exports to Egypt recorded $1.472 billion in Q1-18, while Egyptian exports to Russia went up $192 million in the same period, acting Russian trade representative in Cairo Nikolai Aslanov told state-run news agency MENA.
Moscow’s wheat exports to Cairo reached $501 million, accounting for 34% of total Russian exports to the North African nation, Aslanov added.
Egypt’s fruit exports to Russia totalled $103 million in January to March peropd of 2018, representing 54% of Egypt’s total exports to Russia, while vegetables reached $60 million.
