Home Tech/AIIndustry & Trade Egypt’s Exports of Citrus Attained EGP588 mln in Jan 2013

Egypt’s Exports of Citrus Attained EGP588 mln in Jan 2013

by Administrator

In January 2013, the citrus exports recorded EGP 588 million, rose by 41% from a year before, which recorded EGP 415 million.

This export value of citrus helped in increasing the exports of agricultural crops to EGP 1.5 billion in January rose by 79%; compared to EGP 849 million in January 2012.

The increase of the citrus exports’ rates resulted in raising the prices in the local market; ranging between 25-50%, pursuant o the data of the fruit and vegetables prices in the Aboor market. The traders expected the continuity of increasing the citrus’ prices; particularly the oranges and tangerines, in the coming period. This increase is impacted by the increasing global demand on Egypt’s citrus; especially the Russian one.

Magdi Al Waliliy, Member in the Agricultural Export Council (AEC), told “Amwal Al Ghad” that the council is getting ready to take part in a number of international specialized conventions; in an attempt to to keep the high export rates that the agriculture crops recorded at the beginning of 2013. He referred that this hike is a positive step in achieving the targeted export rates by the end of 2013; which reach EGP 13.6 billion, according to the data of the Egyptian Ministry of Industry and Foreign Trade.

You may also like

Leave a Comment