Egypt's food industry exports increase to $4.1 billion
The value of Egypt's food industry exports increased in 2022 to about $4.124 billion, achieving a growth rate of 0.5% compared to $4.102 billion, year-on-year, with a growth value of $22 million, according to the report of the Export Council for Food Industries.
Exports to Arab countries topped the list of the most important international groups importing Egyptian processed foods during 2022, with a value of $2067 million, representing 50% of total food exports, with a decline of 7% and a value of decline of $159 million, followed by the European Union with a value of $829 million, an increase of 31%. It accounts for 20% of total exports.