Egypt’s food exports rise 13% in H1

Saudi Arabia was the largest importer of Egypt's food products

  
Image used for illustrative purpose. Container trucks stand in line on the road due to bad weather in the Mediterranean city of Alexandria, March 30, 2019.

Image used for illustrative purpose. Container trucks stand in line on the road due to bad weather in the Mediterranean city of Alexandria, March 30, 2019.

REUTERS/Amr Abdallah Dalsh

Cairo – Mubasher: Egypt’s food exports grew by 13% year-on-year (YoY) to $2.052 billion in the first half (H1) of 2021, compared to $1.820 billion, according to data released by the Food Export Council on Monday.

Over the course of the January-June period, March witnessed the highest value of food exports with a value of $382 million, while May saw the largest growth of 45% to $351 million.

Arab countries topped Egypt's food export market destinations with a value of $1.090 billion or 55%, followed by the European Union (EU) with $340 million or 14%.

Saudi Arabia was the largest importer of Egypt's food products with a value of $157 million, followed by the US with $110 million and Libya with $104 million.

During the six-month period, the council sent trade missions to Sudan, Uganda, Tanzania, and South Sudan in a bid to boost exports to African countries.

Source: Mubasher

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