January 19, 2024

Surge in wheat shipments bypassing Suez Canal, WTO Wheat Dashboard finds

An increasing number of shipping vessels has been rerouted in the past two weeks to avoid the Suez Canal amid heightened security risks, causing a nearly 40% year-on-year drop in shipments of wheat through the Canal, to around 0.5 million metric tonnes, according to the WTO Wheat Dashboard.

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