Egypt: Red Sea Disruptions Challenge Egyptian Citrus Exports
Link to report:
Attacks by Houthi rebels in Yemen on commercial vessels have resulted in many shipping companies rerouting away from two of the world's busiest shipping routes — the Red Sea and Suez Canal. The risks posed by these attacks (primarily in the Bab al-Mandab corridor) have disrupted global trade and the supply chain, including Egyptian citrus exports. Given the challenges of accessing certain key markets, primarily in Asia, FAS/Cairo is amending its forecast for Egyptian orange exports for marketing year 2023/2024 (October to September) – reducing the forecast by 250,000 metric tons (to 1.75 million metric tons).
