Egypt’s food exports up $51m during H1 2022 – FEC

Egypt’s exports of food industries grew by 2.4 percent to 976 million Egyptian pounds ($51 million) during the first half of 2022, according to the monthly report of the Food Export Council (FEC) that published on Wednesday.

FEC’s chairman Hani Berzi announced the value of the food industries’ exports registered $2.169 billion in H1 2022, compared with $2.118 billion in the same period in 2021.

The exports on January 2022 recorded $307 million, which a 15 percent growth compared to the same month last year.

According to the statement, Saudi Arabia ranked first place with a value of $198 million in exports, an increase of 25 percent, followed by the U.S.A received a value of $148 million, with a growth rate of 31 percent.