$ 3.5 billion Egypt’s food exports during 2020

Cairo – Mubasher: The Egyptian Export Council for Food Industries announced that the sector’s exports last year reached $ 3.5 billion, which is the same level as in 2019, despite the circumstances of the Corona pandemic.

The report issued by the Council, today, Sunday, indicated that exports of food industries rank third in terms of Egypt’s non-oil exports, and represent 13% during 2020, according to the Middle East News Agency.

On food industry exports to the most important international groups during the year 2020, the report indicated that food industry exports to Arab countries during the past year decreased to $ 1.865 billion compared to $ 1.933 billion in 2019, a decrease of 3%.

Exports to the European Union countries increased by 7% to reach 490 million dollars compared to about 457 million dollars. Food industry exports to non-Arab African countries during the past year recorded about 386 million dollars, compared to 412 million dollars in the previous year, a decrease of 6%. .

It also retreated to “the United States of America” ​​by 11% to record the level of 181 million dollars compared to 202 million dollars, and to the rest of the world it recorded about 535 million dollars against 456 million dollars, up 17%.

On the top 10 importing countries of Egyptian food industries, the report indicated that about 10 countries accounted for 64% of total exports with a value of $ 2.4 billion, exported by the Kingdom of Saudi Arabia with a value of $ 308 million, followed by the United States with a value of $ 181 million, and Jordan ranked third. At about $ 169 million.

Yemen ranked fourth in terms of importing countries for Egyptian food industries with a value of $ 166 million, followed by Libya with $ 163 million, Algeria with $ 153 million, and the seventh place in the United Arab Emirates with a value of $ 134 million, followed by Iraq with about $ 125 million, then Palestine by about $ 101 million, and Morocco is ranked tenth with $ 93 million.

On the most important food commodities whose exports rose during the past year, the report indicated that the total increase in exports of 8 food commodities amounted to $ 227 million, representing 66% of the total value of the increase in all commodities in 2020.

The report pointed out that exports of various food preparations increased by 43%, recording $ 110 million, and exports of “seeds” increased by 25%, recording $ 104 million, and exports of “yeasts” reached about $ 88 million, an increase of 50%, and exports of “pasta” also increased. About 29%, registered $ 80 million.

As part of the council’s strategy to increase its exports, it aims to organize 5 trade missions during the current year to the most important target countries for Egyptian food products, namely Tanzania in April, Madagascar in June, Ethiopia in July, Ghana in August, Rwanda and Burundi in September, in addition to participating in “Summer Fancy Food” exhibition, to be held in the United States from 27 to 29 September, and “Anuga” exhibition in Germany from 9 to 13 October.
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