At a meeting of the agricultural exports council, he added that increasing agricultural exports will save more hard currency for Egypt.
CAPMAS said exports declined 9.4 percent to reach $1.91 billion in August 2020, compared to $2.11 billion during the same month of 2019.
The council stated that exports of glass and manufactures to the United States during (January-August) amounted to about $34.5 million, compared to $16.3 million during the same period of 2019.
Rates of trade exchange between Egypt and Sudan have witnessed a remarkable development in recent times, Minister of Trade and Industry Nevine Gamea said Sunday.
Egypt is the world's top exporter of oranges for two years in a row.
On the other hand, Arab countries’ exports to Egypt declined by $333.9 million.
Egypt exported electrical energy worth $6.407 billion, compared to $8.1 billion in July 2019, marking a decline of $1.69 million.
The most important terms of trade exchange included engineering and electronic goods, furniture, ready-made clothes, chemical products, fertilizers and medical industries.
CAPMAS said exports declined 15 percent to reach $2.15 billion in July 2020, compared to $2.53 billion during the same month of 2019.
The value of the increase is $101.4 million.
In a similar context, Egypt ranked third globally in 2019 in the exports of dried onion with a total of 13.6 tons.
The report shows a 4.7 percent decrease in non-petroleum exports which hit $16.752 billion during the same period last year.
The Egyptian government is waiting for the Kenyan response to its query on the latter's decision.
The June BOP became $3.3 billion instead of $3.61 billion.
Minister of Industry and Trade Nevine Gamea issued Tuesday a decree suspending white sugar imports for another three months.
Gamea added that she directed all bodies concerned at the ministry to open channels of communication with the exporting companies to remove obstacles that face them.
About 1.7 billion cubic meters of exports went to Europe, while Asia and the Pacific countries received 2.7 billion cubic meters, led by Pakistan with about 900 million cubic meters.
The potato crop ranks number two in Egypt’s agricultural exports due to its quality and the increase in production.
In a telephone conversation with Chinese Ambassador in Cairo Liao Liqiang earlier Wednesday, Gamae discussed measures to increase trade flow between Cairo and Beijing in the coming stage.
It is currently studying all proposals related to facilitating export procedures and dealing with all challenges that stand in the way of the flow and flow of Egyptian exports to foreign markets, with a focus on the African market.