Egypt's agricultural exports surge to $2.15bln in nine months - News Summed Up

Egypt's agricultural exports surge to $2.15bln in nine months


Cairo – Egypt’s exports of agricultural crops increased by 9.30% year-on-year (YoY) to $2.15 billion during the nine months (9M) from September 2021 to May 2022, compared to $1.97 billion. In the September 2021-May 2022 period, Egypt exported 3.54 million tonnes of agricultural crops, an annual slide of 2.60% from 3.64 million tonnes, Ahram Gate cited the Agricultural Export Council (AEC). Meanwhile, the EU member countries imported 656,000 tonnes (18%) of crops from Egypt a total value of $479 million (22%). Furthermore, the Arab Republic exported 417,000 tonnes of agricultural crops to Asian countries in exchange for $280 million during the September 2021-May 2022 period. During the period from 1 January to11 June 2022, Egypt exported about 3.50 million tonnes of agricultural crops were exported, El-Sayed El-Quseir, the Egyptian Minister of Agriculture and Land Reclamation, stated.


Source: The North Africa Journal July 18, 2022 06:51 UTC



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