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Russia’s invasion of Ukraine has adversely impacted the global economy, and Egypt too has felt the wave of effects. Russia’s war on Ukraine has relentlessly disrupted international trade of grains and soybeans as well as other commodities pounding a global economy that had since been improving robustly from the COVID-19 pandemic.
FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2022/23 (July – June) at 11.0 MMT, down from the previous marketing year estimate of 11.5 MMT. Egypt was able to secure a steady supply of wheat through diversification of wheat origins whether through tenders or implementing direct purchasing of wheat from several countries.
This report is an update to GAIN report number EG2022-0022. Attaching the English translation of the National Food Safety Authority (NFSA) Decision of Board of Directors No. 6/2022 concerning the binding technical basis for maximum residue levels (MRLs) for chemical contaminants in food.
In June 2022, Egypt launched a trial phase of the Advanced Clearance Information system (ACI) on airfreight. The government is expected to fully apply the electronic ACI system in October 2022. This comes after the October 1, 2021, launch of the ACI in sea ports. Traders must register within the designated platforms (CargoX for exporters and ACI for importers).
News on Developments in Agriculture and Food in Egypt.
Egypt’s economy is rebounding registering its largest growth rate since the outbreak of the 2011 revolution, growing by 4.2 percent in FY 2014/15.
In MY2015/2016, Egypt is likely to remain the world’s largest orange exporter. Post forecasts exports to increase by 8 percent or 100,000MT to reach 1.3 MMT from the previous season.
News on developments in agriculture and food in Egypt.
The Food and Agricultural Import Regulations and Standards (FAIRS) report provides an overview of the food laws and regulatory environment in Egypt as it relates to U.S. food and agricultural exports.