Egypt’s processed food exports hit record $6.1b in 2024

Cairo, Feb. 2, ’25 (Xinhua/TNZ) Egypt’s processed food exports hit a record $6.1 billion in 2024, marking a 21 per cent growth compared to 2023, the country’s Food Export Council (FEC) said on Sunday.

“This is the highest export value in the history of the sector, reaffirming the competitiveness of Egyptian food products in global markets.

“It is supported by government efforts to enhance non-oil exports,” said FEC Chairman, Mahmoud Bazan, in a statement.

Arab countries remained the top importers of Egyptian processed food, with purchases worth about $3.28 billion.

According to the statement, this accounted for 54% of the total exports in 2024, up 20% from 2023.

The European Union followed with about $1.17 billion, or 19% of the total exports, showing a 32% increase.

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Non-Arab African countries came next with imports worth $513 million, or eight per cent of the total, registering a 10% growth, said the statement.

Among individual countries, Saudi Arabia led with $491 million in Egyptian processed food imports, followed by Sudan, Libya, the United States and Palestine.

The Netherlands recorded the highest year-on-year growth, more than doubling to $259 million in 2024.

The most exported Egyptian processed food products in 2024 included soft drink concentrates, flour and semolina, sugar, frozen strawberries and edible oils.

Others are fruit juices, frozen vegetables and frozen potatoes, according to the FEC statement. (Xinhua)