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FILTERED RESULTS
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Watchdog finds Fed mishandled renovations that Trump tried to oust Powell over
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Google asks EU court to suspend order to open up to AI chatbots, search engine rivals
Google asks EU court to suspend order to share search data with AI rivals
ECB’s Lagarde Won’t Rule Out Leaving Few Months Before Her Term Ends
FlyDubai Near-Disaster Brings Pilot Suicides Back Into Focus
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ECB’s Lagarde rules out 2027 French presidential bid
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U.S. Federal Reserve Watchdog Clears Renovation Project of Criminal Violations
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Chocolate and strawberries spur record-high Egypt food exports
- Eight-month shipments up 10%
- Saudi Arabia biggest importer
- Chocolate exports double
Egypt’s food exports hit a record high in the first eight months of this year after chocolate sales doubled and Saudi Arabia boosted imports from the North African country.
The value of farm and processed food exports rose more than 10 percent to $5.1 billion, from around $4.6 billion in the same period last year, Egypt’s food export council reported.
Saudi Arabia, which maintains strong economic and political links with Egypt, emerged as the top client, with its imports surging 18 percent to $423 million.
It was followed by the US, with imports of $334 million and Jordan with nearly $228 million.
Frozen strawberries topped the list of Egypt’s food shipments, with a value of $617 million, followed by beverages at nearly $419 million.
Chocolate recorded the highest increase in food exports so far this year, doubling to $301 million from $149 million, the report said.
Egypt’s food exports from January to August accounted for nearly three-quarters of the 2025 total, which hit a record high of around $7 billion.
Between 2015 and 2025, food exports recorded sustained growth, rising from around $2.7 billion in 2015 to $4 billion in 2021 before climbing to their loftiest level last year, the council said in February.
Egypt’s main food exports include citrus fruits, potatoes (fresh and frozen), olives, frozen strawberries, grapes, mangoes, garlic, pasta, food preparations, herbs and spices, and tahini products. Arab countries account for nearly 48 percent of shipments.
Egypt has embarked on a drive to expand non-oil exports and support other hard-currency earners such as tourism, remittances and Suez Canal transit fees.
The country wants to raise manufacturing’s contribution to 20 percent of GDP in 2030. Its government has rolled out several initiatives since 2025 to boost industrial production and improve the investment climate, in line with its national industrial strategy for 2024-2030.
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Source: AGBI