Russia in the first half of the year increased coal exports to Egypt by 2.6 times

In the first six months of 2026, coal exports from Russia to Egypt increased 2.6 times in annual terms, to 1.3 million tons. This is reported by “Vedomosti” with reference to the data of the agency Argus.

According to experts, Russian suppliers successfully compete in this market with the United States, offering Egyptian buyers better prices. Deliveries of American coal to Egypt in January-June fell by 24%, to 1.4 million tons. Russia’s share of coal imports to Egypt rose to 46% by January this year, while the US share fell to 50%.

In the first half of the year, Russian companies increased coal supplies to Senegal fourfold, to 440,000 tons. Russian coal in this market competes with coal from South Africa, whose supplies decreased by 23% to 320 thousand tons.

The coal market, which has been in crisis since 2024, is showing the first signs of recovery this year. World quotations update multi-year highs, stimulating the growth of Russian exports and production, which somewhat improves the financial performance of the entire industry. The main reason for the reversal in the market is the instability of supply due to accidents and the Middle East conflict.

Details - in the material "Kommersant" "Explosive wave".