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Egyptian agri exports to Russia increased by 27% in first half of 2022

The volumes of Egyptian food industry exports sent to the Russian market recorded 50,145 tons during the six-month period ended 30 June 2022, a rise of 15.70% when compared to 43,320 tons one year ago. Food industry exports to Russia have increased by 27% in the first half (H1) of 2022 to $46 million, compared to $36 million in H1-21.

Meanwhile, Egypt’s exports of frozen strawberries to Russia totalled $17.91 million in H1-22, whilst exports of frozen vegetables reached $16.63 million. Other exported food commodities include frozen potatoes, dried fruits, white cheese, and pickled vegetables.

In 2021, food industry exports of the Arab world’s most populous nation to Russia grew by 61% to $64 million, compared with $40 million in 2020. The number of Egypt-based food companies exporting to Russia in 2021 amounted to 151 companies, including 21 firms whose exports exceed $1 million, representing 72% of the total exports.

Source: zawya.com

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