Min menu


Latest News [LastPost]

Exports of Food Industries reviews the opportunities for developing food exports to Kuwait on Wednesday

The Export Council for Food Industries, in cooperation with the Commercial Representation Authority, will organize an electronic seminar on the opportunities for developing Egyptian food exports to Kuwait next Wednesday, with the participation of Minister Plenipotentiary Ahmed Zaki, Director of the Arab Mashreq Department, and Minister Plenipotentiary Ahmed Badawi, Head of the Commercial Representation Office in Kuwait.

The council will review the development of Egyptian food exports to Kuwait during the previous years and the most important food commodities that are exported in addition to information about Kuwait's food imports from the world and competing countries. The commercial office will review the features of the Kuwaiti market, consumption patterns, methods and mechanisms for promoting Egyptian products in the Kuwaiti market in addition to the most important Distribution channels, Kuwaiti importing companies, and responding to the inquiries of exporting companies regarding the Kuwaiti market.

It is noteworthy that Egyptian food industry exports overcame the exceptional circumstances of the Corona pandemic and regained positive growth by the end of the first half of 2020 with an export value of $ 1.8 billion, achieving a positive growth rate of 2.2% compared to exports in the first half of 2019, and food industry exports represented 14 percent. % Of the total Egyptian non-oil exports during the first half of 2020, and it ranked third in the list of the most important Egyptian export sectors during the same period.

June 2020 exports amounted to $ 337 million, a growth rate of 39% compared to exports of the same month of 2019, and June exports are the highest value of food exports among the first half of 2020, and this positive improvement comes to adjust the negative values ​​that were achieved during the months of March. April and May 2020.

Exports to the Arab countries ranked among the most important international groups importing processed foods with a value of $ 983 million, representing 55% of total food exports during the first half of 2020, achieving a growth rate of 3%, followed by the European Union with a value of $ 257 million, or 14% of total exports. The non-Arab African countries with a value of 198 million dollars, which represent 11% of the total exports, the United States of America with a value of 88 million dollars, which represents 5% of the total exports, the remaining international groups with a value of 268 million dollars, which represents 15% of the total Egyptian food exports during the same period.

As for the most important countries in the world importing food industries during the first half of 2020, the Kingdom of Saudi Arabia ranked first with a value of $ 172 million in exports, a growth rate of 6%, followed by Libya with a value of $ 97 million and a decline in the value of 5%, Jordan with a value of 89 A million dollars and a 4% decline in value, Algeria with 88 million dollars achieving a growth rate of 112%, America with 88 million dollars, Yemen with 76 million dollars, the UAE with 74 million dollars, Iraq 58 million dollars, Italy 54 million dollars, And in the tenth place is Morocco, with a value of 51 million dollars.

Tucson Company Inc
Tucson Company Inc
Tucson Company Inc It is one of the best Egyptian companies specialized in the field of creating and developing Android applications and games, selling them to others, and publishing them through all the services of publishing free and paid applications and games