Al-Export for Food Industries: $ 83 million Egyptian food exports to Kuwait in 2019

Published 2020년 12월 2일

Tridge summary

The article highlights the dynamic of Egyptian food exports to Kuwait, revealing that they constituted 2.2% of Egypt's total food exports in the first nine months of 2020, positioning Kuwait as the 14th largest importer of Egyptian food products. The exports to Kuwait in 2019 amounted to $83 million, showing a steady increase of 2.4% from 2013, contributing 2.4% to the total food exports of $3.5 billion, which saw a 10% growth and accounted for 14% of Egypt's non-oil exports. The main exports to Kuwait included vegetables, frozen fruits, potatoes, strawberries, chocolate, concentrates, tobacco, olives, and tahini. Kuwait's total food imports were approximately $2.5 billion, with a notable $189 million being imported from dairy products. The article also mentions the Kuwait Food Capital of the World initiative, which aims to be achieved by 2030 and presents a significant opportunity for Egypt to increase its food exports to Kuwait.

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Original content

Eng. Tamim Al-Dawi, Marketing Director at the Export Council for Food Industries, said that Egyptian exports to Kuwait accounted for 2.2% of total Egyptian food exports during the first 9 months of the current year 2020, and ranked 14th in the list of the most important importing countries, explaining that the volume of exports from Food industries to Kuwait in 2019 amounted to $ 83 million, representing 2.4% of total food exports and representing a growth rate of 2.4% over the year 2013. Al-Dhawi added during a meeting of the Food Industries Export Council via video conference on the development of food industries to Kuwait, that food exports in 2019 achieved $ 3.5 billion, with a growth of 10%, representing 14% of total Egyptian non-oil exports, and the third largest export sector is the food sector, and the value of the increase is 10%, at a value of $ 300 million. He added that Arab countries represent 56% of total food exports, and Europe 13 %, And America 6%, and the most ...

Source: Youm7