This figure marks a significant 14 percent increase over $3.4 billion in the same period last year.

Arab countries bought the most, importing 55 percent – or $2.1 billion – of the total share, marking a 21 percent increase over the previous year.

The European Union was the second-largest destination, importing 17 percent – or $666 million – of Egypt’s exports, an 11 percent growth over last year.

Non-Arab African countries also showed strong demand, importing food products valued at $324 million, representing a growth of 15 percent.

Soft drink concentrates were the most significant commodity, with $394 million in exports.

Flour, starch, and mill products came next, with exports of $373 million.

Additionally, sugar, glucose, and lactose, as well as frozen strawberries, contributed significantly to the export market, with values of $364 million and $284 million, respectively.

Egypt's trade balance deficit fell 20.8 percent to $17.84 billion from January to July compared to $22.52 billion in the same period of 2022, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS).

This improvement reflects the positive impact of Egypt's food industry exports and highlights the country's efforts to strengthen its economic position.

In 2022, Egypt achieved a record-breaking milestone in agricultural exports, reaching nearly 6.5 million tons with a total value of approximately $3.3 billion, as stated by Minister of Agriculture El-Sayed El-Quseir earlier this year.

The continuous growth and success of Egypt's food industry exports demonstrate the country's significant contributions to the global market and its commitment to further expanding its agricultural and food sectors.