Food Exports
Egypt’s food industry is a significant player in the economy, accounting for 14 percent of the country’s total exports, explained Minister of Investment and Foreign Trade Hassan El Khatib on Monday.
According to a monthly report issued by the FEC January 2022 exports reached $306 million, with an increase of 14 percent, compared to the same period in 2021, as it stood at $267 million.
In a statement on Monday, Barzy pointed out that Arab countries topped the list of international groups importing food industry products from Egypt.
Russia occupies the 21st place in the list of the most important importing markets for Egyptian processed foods in 2021, and represents 1.6 percent of the total Egyptian food exports amounting to $4.1 billion at the end of 2021, according to the Council.
The country's exports hit $3.2 billion in the relevant period of 2020, added Barzy in a statement by the council Thursday.
The sector's exports to Jordan witnessed a 9 percent decline during 2020 to reach $ 169 million, compared to $ 186 million in 2019,
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