This growth occurred as several countries have increased their imports from Egypt. Exports to the Netherlands have grown by 108 percent, Morocco by 98 percent, and Spain by 75 percent.

The country's highest exports went to Arab countries, which represented 52 percent of total food exports, followed by the European Union at 21 percent.

Meanwhile, food exports to non-Arab African countries recorded eight percent.

Other international groups represented 14 percent of Egyptian food exports, while the United States ranked last at five percent.

Among the most food-importing countries, Saudi Arabia came first with exports valued at $353 million, followed by Sudan at $306 million. 

Iraq came in 10th place with exports totalling $141 million.

The most exported commodities include soft drink concentrates, flour and starch, and frozen strawberries, which are valued at $421 million, $389 million, and $337 million, respectively.

In the first half of 2024, Egypt's food industry exports reached $3.2 billion, marking a 25 percent growth compared to the same period in 2023.

The FEC aims for a compound annual growth rate of 15 percent, with export targets set at $6 billion by the end of 2024 and $7.7 billion by 2027.

According to the FEC, Egypt's food industry exports have totalled $36 billion over the past 10 years.

The Industrial Modernization Centre (IMC) estimated that investments in the country's food industry sector are EGP 500 billion.

Additionally, the IMC reported that the food industry contributes 24.5 percent to Egypt's GDP and provides 23.3 percent of its workforce opportunities, creating approximately seven million jobs.