Browse Data and Analysis

Despite the COVID-19 pandemic and the rise in commodity prices globally, Egypt succeeded in maintaining inflation rates within the Central Bank of Egypt’s (CBE’s) target range of 7 percent (±2 percent) in 2021, at a time when many countries of the world are witnessing a wave of high inflation.

Egyptian aquaculture has witnessed a spectacular and rapid development over the past seven years. This increase is such that the country is now number one in Africa, number six worldwide in aquaculture production, and number three in tilapia production globally, becoming an important contributor to Egypt’s food security and economy.

On January 24 and 25, Cairo witnessed an important forum on climate change between Egypt and the United States within the framework of Egypt serving as the official host of the UN Climate Change Conference (COP27) taking place in November 2022 in Sharm El-Sheikh, Egypt.

In October 1, 2021, Egypt launched the Advanced Clearance Information system (ACI). The newly developed customs system was initially launched in a trial mode on April 1, 2021 and was officially launched in October.

In October 1, 2021, Egypt launched the Advanced Clearance Information system (ACI). Traders must register within the designated platforms (CargoX for exporters and ACI for importers). The ID number developed through the upload of the shipment’s documents on the platform called ACID and is required on all shipment documents.

After years of declining production, Egyptian cotton is again on the rise.

FAS Cairo forecasts refined sugar production in MY2018/19 to increase by approximately five percent or 115,000 metric ton (MT) to reach 2.44 million metric tons (MMT)....

On February 2, 2018, Egypt’s General Authority for Supply Commodities (GASC) issued updated requirements for suppliers wishing to participate in government tenders for wheat procurement.

On January 21, 2018, the Egyptian government gave Upper Egypt sugarcane farmers a financial boost.

Egypt’s soybean imports in marketing year (MY) 2018/19 are forecast at 2.8 million metric tons (MMT), up 400,000 MT from the MY 2017/18 estimate of 2.4 MMT.

FAS Cairo forecasts Egypt’s wheat production in marketing year (MY) 2018/19 (July-June) to reach 8.45 million metric tons (MMT), up by 4.3 percent compared to marketing year 2017/18.