Egypt: $419 million of food exports to Kenya during 7 years

Published 2021년 3월 17일

Tridge summary

The Food Industries Export Council reports significant growth in exports to Kenya from 2014 to 2020, with a 111% increase in value, peaking at about $ 419 million. However, exports fell by 18% in 2020 to $ 73 million. The top exports included sugar and glucose, pasta, yeasts, and starch. The Council identified food products in Kenyan imports worth $ 660 million in 2019 that could be replaced by Egyptian exports. Kenya's total imports from food industries in 2019 were approximately $ 1.4 billion.

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 Food Industries Export Council, said that the sector’s exports to Kenya witnessed a remarkable development from 2014 to 2020, with a growth of 111%, with a total value of about $ 419 million during that period. The Council under the title “Opportunities for the development of food exports to Kenya”, in cooperation with the Commercial Representation Authority and the Export Development Authority, and clarified that exports of food industries to Kenya recorded about 34 million dollars in 2014, growing 1% during 2015 to record 35 million dollars, then by 49% During 2016 to $ 51 million, then by 16% in 2017 to record $ 60 million, then it grew by 30% during 2017 to record $ 77 million, then by 15% to record $ 89 million. Kenya has a decline of 18% to reach $ 73 million in 2020, indicating that 15 commodities accounted for 96% of the total exports of food industries to Kenya during 2020 ...

Source: Amwalalghad