Monday, April 19, 2021

Export of food industries: $ 1.047 billion exports of the sector to Jordan within 6 years

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Deputy Executive Director and Director of Export Information Department at the Export Council for Food Industries, Eng. Tamim Al-Dhawi, said that the total value of Egyptian food industry exports to Jordan during the period from (2014 to 2020) amounted to about $ 1.047 billion.

This came during the electronic symposium organized by the Council today in cooperation with the Commercial Representation Authority under the title “Opportunities for developing food exports to Jordan.”

He added that the sector’s exports to Jordan witnessed a 9% decline during the past year, to reach $ 169 million compared to $ 186 million in 2019, indicating that the number of Egyptian food companies exporting to Jordan reached 355 companies, including 300 companies whose exports value exceeds 100 thousand. Dollars.

Al-Dawi stated that Jordan ranks third in the list of the largest importers of Egyptian food industries, noting that there has been a development in the sector’s exports to the Jordanian market during the past 7 years, as it recorded its highest values ​​during 2019, but it retreated as a result of the repercussions of Corona last year.

Al-Dawi explained that 15 commodities account for about 84% of the total food industry exports to Jordan, with a value of 140 million dollars during 2020, on top of which is “cheeses”, about 41 million dollars, acquired from 24% of the sector’s total exports, followed by exports of “edible oils” by about $ 19 million, and “biscuits and cereal preparations” about $ 13 million.

And exports of “soup and broth” ranked fourth in terms of food commodities exported from Egypt to Jordan, with a value of 8 million dollars, followed by exports of “chocolate” with a value of 8 million dollars, then exports of “processed potato chips”, about 7 million dollars, and frozen vegetables, about 7 million. Dollars, and exports of “manufactured tobacco and substitute tobacco” worth 7 million dollars.

Egypt’s exports of various food preparations to Jordan amounted to about 5 million dollars during 2020, and from “yeasts” about 4 million dollars, and from corn silage and animal food about 4 million dollars, aromatic mixtures about 4 million dollars, pickled olives and a factory about 3 million dollars, and vegetables. Pickled and canned about 3 million dollars.

He pointed out that there are food products in the structure of Jordan’s imports that have an alternative in the structure of Egyptian exports with a value of $ 1.3 billion during 2019, noting that Jordan’s imports of 14 food commodities represent 78% of the goods that have an alternative in the structure of food exports, and these commodities are represented in “food preparations”. Variety: $ 170 Million, Sugar $ 118 Million, Cheese $ 112 Million, Milk $ 103 Million, Salt, Biscuits and Bakery $ 86 Million.

Jordan’s imports of chocolate amounted to about $ 77 million during 2019, from vegetable preparations about $ 67 million, from sunflower seed oil about $ 55 million, fish preparations about $ 47 million, and manufactures of coffee about $ 42 million, and sugar confectionery about 41 million. One dollar, dried dates and fruits about 33 million dollars, soybean oil about 29 million dollars, and pasta about 28 million dollars.

Al-Dawi pointed out that Jordan’s total imports from food industries in 2019 amounted to $ 1.9 billion, representing 10% of its total imports of goods amounting to $ 19.3 billion.

Source: A.A.A.

The article “Food Industry Export”: $ 1.047 billion exports from the sector to Jordan over 6 years was written in Al-Borsa newspaper.

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