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Fresh fruit accounted for 44% of Egyptian exports to Russia in 2015

admin2 weeks ago (05-23)Marketing15
The value of Egyptian fresh fruit exports to the Russian market in 2015 has been estimated at 183.59…
The value of Egyptian fresh fruit exports to the Russian market in 2015 has been estimated at 183.59 million US dollars, accounting for 44% of the country's total shipments to the Russian market.

The data, which were presented during a seminar called "Egyptian exports to the Russian market - Opportunities and Challenges", revealed that the most important fruits for the export sector were oranges, grapes and strawberries.

Meanwhile, the value of Egypt's total fresh vegetable exports to the Russian market was estimated at 165.99 million US dollars, accounting for 40% of the country's total exports to the Russian market. Some of the most important products were potatoes, onions, garlic and tomatoes.

Furthermore, it was revealed that Russian investments in Egypt are estimated at 62.77 million dollars, with a total of 408 Russian companies involved; Russia ranked 47th among the greatest investors in Egypt.

The statistics agency said that, according to data from the Central Bank of Russia, Egypt's total volume of investments in Russia amounted to US $ 9 million and concentrated mostly in the field of export and import.

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