$6.2 billion in 7 months.. Egypt's exports of “food industries” increased

Egypt's exports of food industries increased in the period from (January-July) of 2023, by $ 185 million, or 8%, to reach about $ 2.6 billion, compared to about $ 2.4 billion during the same period of 2022, and this value is the highest in the history of exports Egyptian food industries for the same period.

Food Industries

Today, the monthly report issued by the Export Council for Food Industries stated that January 2023 exports amounted to $324 million, with a growth rate of 9% compared to January 2022 exports, which amounted to $298 million.

February 2023 exports amounted to about $335 million, a growth rate of 1% compared to February 2022’s exports, which amounted to $332 million. March 2023 exports amounted to about $402 million, a decrease of 4%. April’s exports amounted to $338 million, a decrease of 9%.

Exports amounted to $449 million

   The report indicated that May’s exports amounted to $449 million, a growth rate of 25%, and June’s exports amounted to $375 million, a 3% decrease, while July 2023 exports amounted to about $375 million, a growth rate of 50%, compared to July 2022’s exports of $250 million. .

He explained that exports to Arab countries topped the list of the most important international groups importing Egyptian processed food during the first seven months of 2023, with a value of $1361 million, representing 53% of total food exports, achieving a growth rate in value of 13%.>

Followed by the European Union with a value of $513 million, a growth rate of 8%, representing 20% of total exports, non-Arab African countries, with a value of $190 million, representing 7% of total exports, and achieving a growth rate in the value of exports amounting to 15%, and the United States of America, with a value of $133 million, representing 5% of total exports, achieving a decline of 15%. The rest of the international groups amounted to $398 million, which represents 15% of total Egyptian food exports during the same period.

Importing food industries

    As for the most important countries in the world importing food industries during the first seven months of 2023, Sudan ranked first with a value of $242 million, with a growth rate of 147% and a growth value of $144 million, compared to exports for the same period in 2022.

Followed by Saudi Arabia in second place with an export value of $205 million and a 10% decline, Palestine in third place with a value of $144 million and a growth rate of 30%, Libya with a value of $140 million and a growth rate of 24%, America with a value of $133 million and a decline rate of 15%, Jordan with a value of $133 million and a growth rate of 15%. $105 million, a decline of 4%.

Italy with a value of $102 million and a growth rate of 50%, Yemen with a value of $93 million and a growth rate of 8%, the Netherlands with a value of $85 million and a growth rate of 10%, China with a value of $84 million and a growth rate of 6%, Iraq with a value of $71 million and a growth rate of 1%, UAE, with a value of $67 million and a growth rate of 10%.

Spain with a value of $66 million and a growth rate of 59%, Germany with a value of 64% and a decline rate of 8%, Syria in the 15th place with a value of $60 million and a decline rate of 15%, as the exports of the 15 countries shown represent 64% of the total exports of the sector during the first seven months of the year. 2023.