Egyptian food industries exports to Ivory Coast record $ 99.2 million over 7 years

Published 2021년 3월 24일

Tridge summary

The article provides an analysis of the trade relationship between Egypt and Cote d'Ivoire, focusing on the export of food products from Egypt to Cote d'Ivoire from 2014 to 2020. During this period, Egyptian food exports to Cote d'Ivoire reached a value of $ 99.2 million, with a 4% increase in the last year, totaling $ 15.5 million. These exports were dominated by eight products, including industry concentrates, sugar, dried onions, poultry products, prepared animal food, biscuits and cereal products, and tobacco substitutes. Despite this growth, the lack of a trade agreement between the two countries limits the potential for further increase. The article also highlights the potential for increased trade under the Continental Free Trade Agreement, with a list of 15 food commodities that could replace existing imports of Cote d'Ivoire with Egyptian products, valued at $ 204 million in 2019.

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

Original content

Eng. Tamim Al-Dawi, Deputy Executive Director and Director of Export Information Department at the Export Council for Food Industries, said that the total value of Egyptian food industries exports to Cote d'Ivoire during the period from 2014 to 2020 amounted to about $ 99.2 million. This came during the electronic symposium organized by the Council in cooperation with the representative body Under the title “Opportunities for the development of food exports to Côte d'Ivoire.” He explained that the sector’s exports to Côte d'Ivoire have grown by 4% over the past year, reaching $ 15.5 million compared to $ 14.8 million in 2019, with Côte d'Ivoire occupying the ninth place in the list of African countries other than The Arab importer of Egyptian food industries, adding that it ranks 47th in the list of the most important importing countries for Egyptian processed food industries in 2020. Al-Dhawi added that 8 commodities account for about 98% of the total food industry exports to ...

Source: Amwalalghad