According to the Food Export Council, revenue reached USD 4.1 billion last year. The main products exported were rice, grains, onions, garlic, potatoes, vegetables, fruits, citrus, and peanuts.
Browsing: Agribusiness
Brazil-based companies participated in the World of Coffee trade show earlier this month. The event was coordinated by the Brazilian Specialty Coffee Association, and deals made at the show are expected to yield 20.72 million over the following 12 months.
Egypt’s Ministry of Agriculture has worked for boosting the number of exporters in the country. Main products from the new farms are citrus, pomegranates, peppers, guavas and strawberries.
Egyptian company Gouda has stepped up exports, but it sells only small volumes of frozen peppers, strawberries and pomegranates to the Latin American market.
From January to November 2021, Brazilian poultry protein exports revenue increased 25%. Luis Rua, from ABPA, explains the performance in purchases by the UAE, Saudi Arabia, and Yemen in the period.
The performance reflects high commodity and foreign exchange rates. The volume presented a drop caused by logistical bottlenecks.
Egyptian international sales of dates reached USD 40 million last year, and the country’s Food Industry Export Council aims to reach USD 100 million by the end of 2024. The South American market is one of the focuses.
Apex-Brasil hosts gastronomic performances at Expo 2020 to showcase the diversity of foods produced in Brazil and help boost exports.
Producers will be required to direct 55% at the subsidized price of EGP 4,500 (USD 286) instead of EGP 3,300 (USD 210), the Ministry of Agriculture of Egypt said.
Brazil and Argentina are the top suppliers of Egyptian Starch & Glucose, an exporter that plans on adding new products to its export basket.
Egyptian agricultural exports year to date saw an increase of 600,000 tonnes from a year ago.
United International has invested USD 9.5 million in a poultry and cattle farming project in the Egyptian province of New Valley.
Raks and KrillTech were shortlisted for the Supernova award of GITEX Future Stars, a startup exhibit in Dubai that ended on Thursday (21).
Ministry of Agriculture published an ordinance regulating the use of drones in agricultural activities as technology gains ground in the country.
