Russia’s agricultural exports to Africa reached $7 billion in 2024, marking a 19% increase and highlighting the country’s growing economic influence on the continent amid the ongoing conflict in Ukraine.
According to a report by the Agricultural Export Center (Agroexport), Egypt, Algeria, and Libya were among the leading importers of Russian agricultural products. The surge was driven primarily by strong demand for Russian wheat, which accounted for the majority of exports, alongside sunflower oil, soybean oil, flax seeds, and dairy. Egypt, the largest buyer, increased its imports by 21%, reflecting its heavy reliance on Russian wheat as a staple food to feed its population. Algeria and Libya also significantly boosted their imports, further cementing Russia’s position as a key supplier of agricultural products to North Africa.
Cereals, particularly wheat, barley, and corn, made up 87% of Russia’s agricultural exports to the continent. The rising demand for Russian grain, especially wheat, underscores Africa’s critical role in Russia’s wheat export strategy, which now accounts for over 50% of the country’s total wheat market. This growth in trade comes against the backdrop of the Russia-Ukraine conflict, which has exacerbated food insecurity in Africa, leading to shortages of wheat, maize, and soybeans, as warned by the African Development Bank (AfDB). Russia’s expanded agricultural exports offer an alternative supply route, strengthening its ties with Africa during a period of shifting geopolitical dynamics.
As demand for Russian wheat continues to grow, Russia is positioning itself as a major player in shaping Africa’s agricultural future.
Source: The North Africa Post
