Egypt continues to diversify its exports, plus potatoes in Morocco and strawberries in Canada

Published 2024년 4월 18일

Tridge summary

Egypt's Ministry of Agriculture and Land Reclamation has successfully opened two new export markets for its agricultural products, allowing for the export of potatoes to Morocco and fresh strawberries to Canada. Despite facing challenges such as limited market size in Morocco and stiff competition in Canada from established suppliers like the US and Mexico, these developments are seen as positive steps towards diversifying Egypt's trade portfolio. Collectively, these government-led initiatives are crucial for increasing foreign exchange earnings, promoting Egyptian products on the international stage, and reinforcing Egypt's status as a leading exporter of agricultural goods. The article highlights the importance of quality and logistical efficiency in leveraging these new opportunities for the benefit of Egypt's export sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Egypt's Ministry of Agriculture and Land Reclamation last week announced the opening of two new markets for Egyptian exporters. Thus, the Moroccan National Food Safety Authority has approved the possibility of importing potatoes from Egypt, and the Egyptian authorities have finalized the technical requirements for the export of fresh strawberries to Canada. According to EastFruit experts, both new markets for Egyptian products are quite complex areas due to their internal specifics. This is especially true for possible supplies of potatoes from Egypt to Morocco, the potential volumes of which are still quite small. In turn, exports of fresh strawberries to Canada will face intense competition from other closer suppliers. Let's look at these two pieces of news in order. Morocco is not one of the world's largest importers of fresh potatoes, with annual import volumes ranging from 37,000 to 62,000 tonnes over the past six years. At the same time, Morocco, as well as Egypt, imports ...
Source: Eastfruit

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