Agricultural exports rise to 5 million tons for the first time this year in Egypt

Published 2021년 11월 25일

Tridge summary

The article highlights the adequate supply of strategic agricultural crops and legumes in Egypt, despite global inflation, food crisis, and energy shortages leading to price increases of up to 30% for some commodities. The head of the Agricultural Crops Division, Ahmed Al-Basha Idris, noted that the price rise benefits Egyptian farmers due to increased production costs. However, shipping prices have surged by over 400%, impacting imported goods. Despite these challenges, Egypt remains self-sufficient in many crops and has seen a 600,000-ton increase in agricultural exports this year, reaching 5 million tons, with key exports being citrus fruits, potatoes, onions, and beans.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ahmed Al-Basha Idris, Head of the Agricultural Crops Division, confirmed that the stock of strategic commodities in the local market, specifically agricultural crops and legumes, is safe and sufficient for local consumption. "Idris" said that some agricultural crops and legumes witnessed increases ranging between 20 and 30%, affected by the global inflation crisis, the food crisis and energy shortage. He explained that the increase in the prices of agricultural crops is in the interest of the Egyptian farmer, who has recently increased production requirements, especially the price of fertilizers. And broad-bean beans. Read also / The start of the medical examination for new students in government universitiesThe head of the division said that shipping prices globally have witnessed increases of more than 400% during the last period, and thus reflected on imported goods in all sectors, including agricultural crops and legumes that are imported from abroad, and the part Locally ...

Source: Akhbarelyom