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The Deputy Government Director of the Meals Export Council (FEC) Tameem El-Dawy mentioned that the worth of Egypt’s exports of meals industries to Iraq final yr amounted to about $125 million.
This got here throughout a symposium organized by the FEC on Tuesday in cooperation with the Business Illustration Workplace in Amman and the Export Council for Printing and Packaging below the title “Commerce mission for the meals industries, printing and packaging sector”.
A commerce mission can even head to Palestine through the interval from Might 29-31 with the participation of importers from Palestine, Syria, Iraq and Palestine.
El-Dawy added that Iraq ranks twelfth within the listing of the largest importers throughout 2021, accounting for 3.7% of the sector’s complete exports.
The Deputy Government Director added that there are 126 Egyptian meals merchandise firms exporting to the Iraqi market, noting that 14 of them exports exceed $1 million.
5 commodities accounted for 81.6% of the sector’s complete exports to Iraq
He added that 5 commodities accounted for 81.6% of the sector’s complete exports at a worth of $102 million, led by the delicate drink trade concentrates, which account for 25.6% of the sector’s exports by about $32 million, adopted by biscuits and preparations cereals accounting for 17.6% with a worth of $22 million, tobacco accounted for 16.8%, with a worth of $21 million, and vegetable fat and margarine with a worth of $19 million.
Egypt’s exports of varied meals preparations to Iraq amounted to $8 million, cheeses $6 million, and processed and pickled olives $4.3 million.
Chocolate exports from Egypt to Iraq recorded about $3.5 million, frozen greens about $4.2 million, exports of vegetable preparations about $1 million, milk and its merchandise about $1.5 million, manufacturing facility espresso about $800,000, and yeast about $700,000.
Egyptian Exports to Palestine
The Deputy Government Director introduced that the worth of Egypt’s meals industries exports to Palestine elevated by 50% throughout 2021, to document $151 million in comparison with $101 million in 2020.
El-Dawy defined that Palestine ranked eighth within the listing of a very powerful importing nations for the Egyptian meals industries through the previous yr, accounting for 3.7% of the sector’s complete exports.
He mentioned that there are 293 Egyptian meals merchandise firms exporting to the Palestinian market, noting that there are 31 firms of them exports exceed $1 million.
10 commodities accounted to 70.7% of the sector’s complete exports to Palestine
Out that 10 commodities, which accounted to about 70.7% of the sector’s complete exports at a worth of $106.7 million, edible oils accounted for 11.9% of the sector’s exports by about $18 million, adopted by biscuits and processed grains accounting for 9.9% with a worth of $15 million, flour and mill merchandise with a worth of $14 million.
Egypt’s exports of cheese to Palestine amounted to $11 million, vegetable fat and margarine price $8 million, processed potato chips with $13 million, fruit juices with $8 million, miscellaneous meals preparations about $2.2 million, and ready animal meals with about $7 million. Egypt Exports of sugar recorded about $6.5 million, dairy and its merchandise stood at $6.2 million.
Chocolate exports from Egypt to Palestine recorded about $6 million, frozen greens recorded about $5.5 million, pickled and processed olives totaled about $4.4 million, espresso exports amounted to about $3.7 million, tobacco about $1.7 million, vegetable preparations about $3.4 million. Exports of tomato sauce to Palestine recorded about $2.6 million, soup and broth about $1.5 million, Tahina and sweeteners about $1.3 million, dry sweets about $1.2 million, frozen potatoes about $1.2 million, and jam about $1 million.
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