Official statistics show that although the Egyptian food industry’s output value constitutes 46 percent of the industrial output value, Egyptian food exports do not exceed $191 million, reported Al-Ahram . This export value is equivalent to four percent of Egypt’s total exports. The Egyptian food trade balance gap hit EP 2.9 billion in 2000, which is one of the highest trade balances in the region. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
