Egypt food exports grew slightly in 2022

Foodstuff exports from Egypt had a slight growth of 0.5% last year compared to 2021. They reached USD 4.124 billion against USD 4.102 billion in the previous year. The Food Export Council of Egypt (FEC) predicted, in early 2022, to reach an expansion between 20% and 25%; however, the consequences of the Russian-Ukrainian war prevented the sector from reaching its target.

Engineer Hani Berzi , president of the FEC, said in an exclusive interview with the Brazil Arab News Agency (ANBA) the war between Russia and Ukraine and the consequent crisis in the supply chain added to the shortage of raw inputs on the global market and prevented the sector from reaching the growth rates forecast for last year.

He highlighted the growth is very positive and shows this sector's true potential in the face of the obstacles encountered in 2022. Among these challenges, the restriction of exports of several strategic commodities stood out, as they represented 15% of the segment's international sales, including flour, pasta, and edible oils. The measure was taken to prevent supply issues in the local market.