CAIRO, July 16 (MENA) - Trade Minister Amr Nassar said non-petroleum exports upped 14% in the first six months of 2018 to stand at $ 12.75 billion against $ 11.215 billion in the same period in 2017.
Egypt's non-petroleum exports to the EU markets rose by 18% to register $ 3.657 billion in six months against $ 3.096 billion in the corresponding same period of 2017, the minister said in a statement.
Egyptian exports to the Arab markets increased by five percent to hit 4.779 billion dollars against 4.540 billion dollars, he added.
Also, Egypt's exports to the US went up by 11 percent to stand at 705 million dollars against 637 million in 2017.
Meanwhile, head of the General Authority for Export and Import Ismail Gabr said the UAE is the biggest importer of Egyptian products in the first half of 2018 with exports valued at a total of 1.3 billion dollars to be followed by Turkey, Italy, Saudi Arabia and the US.
By Gazette Staff
CAIRO, July 12, 2018 - Egypt was ranked third in the world in exporting dry onions with total exports being worth $35.5 million last year, which is 9.5 per cent of the world’s total dry onion export, the Food Export Council said in a statement on Thursday.
The Council added that Egypt came after the United States of America and India in terms of the volume of dry onions it exported to the rest of the world. Egypt is followed by Germany, Malaysia, China, France, Spain and Belgium.
The total amount of dry onions exported in 2017 stood at about 15,000 tons, the Council said. It added that the Netherlands was one of main countries importing Egypt’s dry onions in 2017 with total imports worth $15.3 million. The Netherlands is followed by Germany, Japan, Brazil, Côte d'Ivoire, Croatia and Belgium with total imports worth $5.1 million, $4.7 million, $1.2 million, $1.1 million, $1 million and $1 million, respectively, according to the Council’s data.
The Council said that Egypt’s success in exporting onions confirmed that the rest of the world had confidence in Egyptian food products.
CAIRO, July 9, 2018 (MENA) - Egypt's exports witnessed a 78.5% increase in 2017 amounting to LE 740.4 billion in total compared to LE 263.5 billion in 2016, the Central Agency for Public Mobilization and Statistics (CAMPAS) said on Monday.
This came in CAPMAS annual bulletin for inter-trade with international blocs of which Egypt is a member, namely, the Economic and Social Commission for Western Asia (ESKWA), the Community of Sahel-Saharan States, the Common Market for Eastern and Southern Africa (COMESA), the Group of 15, Arab Free Trade Area and the D-8 Organization for Economic Cooperation.
The largest share of exports went to the Arab Free Trade Area amounting to LE 172.2 billion in 2017 at an increase of 70.5% compared to 101.0 in 2016, the bulletin added.
ESKWA received the second largest volume of exports that amounted at LE 143.2 billion at an increase of 73.7% compared to LE 82.5 billion during 2016.
Least among the other trade blocs, the total value of exports to COMESA stood at LE 28.1 billion compared to LE 18.1 billion in 2016 at increase of 55.1%.
Total value of imports from these blocs also increased by 75.5% amounting to LE 544.9 billion compared to LE 310.5 billion, the agency noted.
As for other trade blocs of which Egypt is not a member state, such as the European Union, the ASEAN Free Trade Area (AFTA), the North American Free Trade Agreement (NAFTA) and the ASEAN and MERCOSUR, total value of exports jumped 120.2% standing at LE 177.0 billion compared to LE 80.4 billion in 2016.
Similarly, total value of imports from these blocs also witnessed an increase of 64.9% amounting to LE 577.0 billion compared to LE 349.9 billion in 2016.
CAIRO, July 7, 2018 (MENA) – Egyptian Minister of Trade and Industry Amr Nassar said Saturday that developing the leather products and increasing its exports are considered a top priority for the government in the coming period.
The leather industry development plan is on the table for the ministry, and has an unprecedented support from the political administration, Nassar said during an expanded meeting with the members of the Leather Export Council of Egypt and tanning chamber.
The Trade and Industry Ministry spares no effort to tackle the challenges impeding the leather and tanning industries in Egypt, Nassar said, adding the competitive advantages should have a great focus to reach maximum utilization.
CAIRO, June 27, 2018 (MENA) - Exports of Egypt's food industries sector increased by three percent against the corresponding period of 2017 to hit 1.3 billion dollars, according to the Food Export Council.
Saudi Arabia tops the list of countries receiving Egyptian food exports with 130-million-dollar imports to be followed by Jordan, Libya and the UAE, the council said in a statement Tuesday evening.
The United States ranked the fifth followed by Yemen, Iraq, Germany, Algeria and Palestine, the statement said.
In the first five months of 2018, Egyptian food products were exported to 159 countries, 52 percent of them were Arab states.
Soft drinks were on top of Egypt's food exports to be followed by frozen vegetables and fruit, cheese, sugar, olive pickles, fruit juice, chocolate, baked products and dates.
CAIRO, June 21, 2018 (MENA) -- Chairman of the Agriculture Export Council (AEC) Abdel Hamid el-Demerdash said the council is currently assessing the viability of export-oriented horticulture farms producing citrus fruits following the Vietnamese Food Safety Authority's approval of opening the country's markets to Egypt's citrus exports in November 2017.
In statements to MENA on Thursday, the AEC head said the council is currently assessing the farms that are liable to export their crops to ensure that they meet the safety and quality requirements of international markets.
He further noted that several Arab countries, particularly Saudi Arabia, asked for fact sheets of the farms producing crops for export.
As for resuming Egypt's fresh citrus exports to Japan, Demerdash said that talks are underway on this matter, stressing that the council asked for adding grapes and pomegranates to the list of exports to the Japanese market.