Egypt's food exports to European Union in 3 months hit $152M

CAIRO – 1 June 2021: The Export Council for Food Industries announced Tuesday that the sector's exports to the European Union increased by 24 percent during the first quarter of 2021, to record about $152 million, compared to $116 million = during the same period of 2020.

The monthly report issued by the council indicated that about 10 countries accounted for 93 percent of the sector's total exports to the European Union during the first quarter of 2021, with a value of $141 million.

It added that Italy ranked first in terms of EU countries importing food industries with a value of $37 million, followed by Germany with $28 million, the Netherlands with $21 million, and Spain with $16 million.

The council pointed out that England ranked fifth in terms of European Union countries importing Egyptian food industries with a value of $12 million, followed by France with $10 million, Belgium with $8 million, then Poland with $5 million, and Greece with $3 million. Moreover, Romania ranked 10th with a value of $2 million.

On the most important Egyptian food commodities exported to the European Union during the first quarter of 2021, the report stated that it had acquired 15 commodities (pickled vegetables - molasses and molasses - frozen strawberries - fats and fats - frozen artichokes - oilseeds seeds - frozen vegetables - dried onions - pickled and factory olives - yeasts - oils and aromatic resins - tomato concentrates - fish – guts, Intestines - vegetable preparations) accounted for 84 percent of the total exports, with a value of $128 million.

It explained that strawberry was the largest commodity that achieved growth in exports during the first quarter of 2021, as it rose by 79 percent to reach a value of $14 million, followed by "molasses " by 70 percent, recording $5 million, followed by "tomato concentrates" by 33 percent registered $5 million.