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Egypt Food Insustry Reached $1.44bn in the First Half of 2018

Food Insustry Reached $1.44bn in the First Half of 2018

Photo from Daily News Egypt


According to an report issued by the Egypt Export Council for food industries,the export of food insustry reached $1.44bn in the first half of this year.

Egypt exported pickled olives worth $53m during the first six months of this year, as well as fruit juices worth $55m, chocolate worth $51m, animal food worth $45m, and various foods (ketchup, mayonnaise, ice cream powder, and jelly) worth $41m, according to the report.

Some of the most prominent food industry exports in H1 2018 were frozen vegetables worth $191m, soft drinks worth $187m, cheese worth $139m, sugar worth $180m, millinery products worth $67m, and fruit juices worth $55m.

The list also included exports of oil seeds and fruits for $38m, frozen vegetables and groceries for $37m, dried fruits for $36m, and pasta for $30m.

According to the report, Arab countries accounted for the largest share of the exports of Egyptian food industries by 52%, worth $753m, followed by the EU with 15% of total exports, worth $213m.

Non-Arab African countries accounted for 13% of the total food industries exports, worth $184m, followed by the US by 4%, worth $66m, and then the countries of the rest of the world by 16% of the total exports, worth $229m.

According to the report, Saudi Arabia was the most prominent importer of Egyptian processed food in the first six months of this year at $150m, followed by Jordan at $75m, Libya at $71m, and the US at $66.1m.

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