Egypt food exports grow by 25% in 1H 2024: Export council

Ahram Online , Tuesday 6 Aug 2024

Egypt's food industry exports increased in the first half (1H) of 2024 reaching $3.2 billion, achieving a growth rate of 25 percent compared to the same period in 2023, according to the Food Export Council (FEC).

vegetables and fruits
A photo showing a group of vegetables and fruits. Ahram Online

 

The country's highest exports were to Arab countries, representing 52 percent of total food exports, followed by the European Union (EU) at 22 percent.

Meanwhile, food exports to non-Arab African countries reached seven 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 $238 million, followed by Sudan at $212 million. Italy came in tenth place with a value of $111 million. 

The most important commodities include soft drink concentrates, flour and starch, and frozen strawberries valued at $309 million, $ 276 million, and $248 million, respectively.

Additionally, food exports recorded $20.3 billion from January 2020 until May 2024.

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