Egypt’s exports of food industries increase 5% in Q1

Egypt’s exports of food industries rose 5 percent year-on-year or $49 million during the first quarter of 2022, state news agency MENA quoted chairman of the Food Export Council (FEC) Hani Berzi as saying on Sunday.

“The value of food exports was $1.045 billion in Q1 2022, as compared with $996 million in the same quarter of 2021,” Berzi added.

“In March, Egyptian food exports rose 4 per cent yearly around $404 million, compared to $388 million in March 2021,”

Berzi also said that food exports decreased 1 percent year-on-year to around $337 million in February, while it hiked by 14 percent year-on-year to $305 million in January.