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Brazil’s corn exports to Egypt up by 174%

In 2024 Egypt imported USD 3.3 billion worth of agribusiness goods from Brazil, an increase of 91.4% compared to 2023.

Minister of Investment and External Trade Hassan ElKhatib announced Monday that Egyptian exports reached an all-time high of $40 billion in 2024.

The investment ministry noted that importers must provide a bank statement to confirm their financial capacity to make such purchases.

December saw updates to the export program, introducing revised percentages of foreign currency proceeds exporters are required to surrender.

The food industry contributes approximately 14% of Egypt’s total exports, emphasizing its importance in driving economic growth.

Import Export Events

GTR Egypt 15.10.2025

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