From the right of Egyptian fruits and vegetables to expand – the government to raise agricultural exports to 6 million tons

Published 2021년 8월 7일

Tridge summary

The House of Representatives has approved a plan to increase Egypt's agricultural exports from 5 million tons in 2021/2022 to 6 million tons by 2025, generating over $3.2 billion in revenue. The strategy includes expanding the cultivation of surplus crops with a competitive advantage in international markets, such as vegetables, onions, garlic, and citrus fruits. It also involves cultivating palm varieties and expanding organic farming, introducing new crops like quinoa and cassava, and increasing the export of high-value fish. The plan also aims to find new non-traditional markets for Egyptian products and develop the maritime transport fleet to improve agricultural exports to major markets, especially the European Union.

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

Original content

The plan for the fiscal year 2021/2022, which was approved by the House of Representatives, aims to increase Egyptian exports of agricultural products from (5) million tons in 20/2021 to about 5.25 million tons in 21/2022, and up to 6 million tons in 2025, allowing an increase in Export receipts from about 2.5 billion dollars in the current situation to more than 3.2 billion dollars in the year of the plan. This comes through the expansion of the export of surplus crops, which enjoy a competitive advantage in international markets, as they have advantages that enable them to access various markets, especially fruits and vegetables. Among the crops, horticultural crops with an export surplus, that is, those whose self-sufficiency rates exceed 100%, such as vegetables (zucchini / peppers / beans), onions, garlic and citrus fruits, with the manufacture and storage of surplus non-export vegetables and olive cultivations to secure food in times of crises and price fluctuations. , ...

Source: Soutalomma