He said during the first conference for food industry exporters that Egypt’s exports of food industries rose to about $3.7 billion during the period from January to July 2024, compared to $3 billion during the same period in 2023, with an increase in exports of $700 million.
Egypt's food industries exports recorded an increase of 23% during the first 7 months of 2024, said Chairman of the Food Export Council (FEC), Hani Barzi.
He said during the first conference for food industry exporters that Egypt’s exports of food industries rose to about $3.7 billion during the period from January to July 2024, compared to $3 billion during the same period in 2023, with an increase in exports of $700 million.
Barzi pointed out that Arab countries accounted for 52% of the sector’s exports during the first 7 months of 2024, European Union countries accounted for 22%, non-Arab African countries accounted for 7%, America accounted for 5%, and the rest of the countries accounted for 14%.
Recently, Highlighting the vital role of Egypt's food industry in the national economy, Minister of Investment and Foreign Trade Hassan El Khatib shared that the food industry accounts for around 14% of the country’s total exports.
El Khatib spoke during the First Conference of Food Industries Exporters, which aims to explore ideas for enhancing export development and is set to cover policies and procedures that could potentially boost the growth rate of Egyptian exports by over 20% annually.
