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Egypt’s food exports rise 13% in H1-21

Egypt’s food exports rise 13% in H1-21
Saudi Arabia was the largest importer of Egypt's food products

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.