"Egypt's strategic role in Russia's foreign policy is also determined by its geographical location, thanks to which it plays the role of an important logistics and investment hub. Partnership with Egypt in the future may allow Russia to strengthen its position not only in the Middle East and North Africa, but also in subtropical Africa, whose ties with Egypt are steadily developing.
Key indicators (as of 2021):
104.3 million people – the size of Egypt's population;
$ 423.1 billion - GDP at current prices;
3.3% - GDP growth;
$ 1.8 billion - the volume of exports of Russian agricultural products
Egypt's agriculture is able to meet the country's food needs by no more than 60%.
The Egyptian Government and ministries have developed two development plans for the country:
EgyptVision2030 is a long—term strategic plan of the state to achieve the principles and goals of sustainable development in all areas of the country, including agriculture.
SADS2030 is a strategy for sustainable development of agriculture until 2030.
The final stage of preparation of the agreement on the creation of a free trade zone between the Eurasian Economic Union (EAEU) and Egypt is also underway, which should improve conditions for Russian exporters.
The estimated volume of the potential for the supply of agricultural products from Russia to Egypt is estimated at more than $ 3.3 billion. The main commodity items with the greatest export potential are: wheat, corn, sunflower and soybean oil, frozen fish, as well as dried legumes. In addition, the following types of goods have the potential to increase supplies from Russia to Egypt: vegetable oil cake and meal, frozen cattle meat, poultry meat, crustaceans, chocolate confectionery."