Egypt: Agricultural exports bet on Asian markets for year-end boom

Egypt is set to increase its agricultural exports to 16 crops, including potatoes, grapes, onions, and citrus fruits, with markets in China, India, South Asian countries, Latin America, and Africa. The country is also expecting to open the Chinese market for its mangoes and other products. The total agricultural exports have surpassed 7.1 million tons, valued at about $4.1 billion, marking an increase of over $1 billion from the previous year. The Ministry of Agriculture is working to diversify importing origins to increase export volume and value and to avoid market risk.

A number of workers in the agricultural sector and exporters confirmed that there are 16 crops that Egypt is counting on to achieve a significant increase in exports during the coming period, namely potatoes, grapes, onions, pomegranates, mangoes, strawberries, citrus fruits, tomatoes, guava, green and dry beans, apricots, plums, cucumbers, leafy crops, medicinal and aromatic plants. They added that there are many markets that represent a major source of access to Egyptian crops, led by China, India, South Asian countries, and Latin America. African countries are also promising markets, in addition to the traditional markets in the old continent and the Gulf region. It is likely that Egypt's exports of crops will reach 8 million tons by the end of this year, worth $4.6 billion, after exceeding the 7.1 million barrier from the beginning of the year until the end of last October. The Minister of Agriculture announced - early this month - the opening of the Vietnamese market for the ...