Browse Data and Analysis

FAS/Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2024/25 to increase by 2 percent from the previous marketing year, due to population growth and the availability of more foreign currency in Egyptian banks.

Egyptian cotton production in marketing year (MY) 2024/25, the period from August 2024 to July 2025, is forecast at 310,000 bales, down 40,000 bales from MY2023/24, driven by a 4-percent drop in harvested area and lower input use, impacting yields.

FAS/Cairo (Post) forecasts Egypt’s soybean imports in marketing year (MY) 2024/25 (October – September) to increase by 14.8 percent from the previous marketing year, due to an influx of foreign currency into Egyptian banks.

Attacks by Houthi rebels in Yemen on commercial vessels have resulted in many shipping companies rerouting away from two of the world's busiest shipping routes — the Red Sea and Suez Canal.

Despite a myriad of economic hardships, Egypt hosted 14.9 million tourists in 2023 (exceeding its previous record of 14.7 million tourists in 2010).

The exporter guide provides an economic and market overview, as well as demographic trends and practical tips for U.S. exporters on how to conduct business in Egypt.

In marketing year (MY) 2023/24, FAS/Cairo forecasts fresh orange exports to reach 2.0 million metric tons (MMT) up from 1.6 MMT in MY 2022/23.

Global events have contributed to the devaluation of the Egyptian pound, high inflation, and a lack of foreign currency. Although Egypt had started to recover its tourism industry and economy after COVID-19, the Russian war in Ukraine contributed to a rise in food prices and a lack of forex.

On December 3, 2023, Egypt’s General Organization of Veterinary Services (GOVS) published an official decree (Decision Number 1 2023) in the Egyptian Gazette for registration procedures for companies providing certifications for halal food.

On December 8, 2023, the Government of Egypt filed a seventh addendum to the World Trade Organization’s (WTO’s) Committee on Technical Barriers to Trade (TBT) – G/TBT/N/EGY/313/Add.7 – extending the requirement for halal certification for imported milk and dairy products until December 31, 2024. This deadline has been extended several times already.

The planting of GE crops in Egypt is currently not authorized as there is no biosafety legal framework in place. The absence of a legal biosafety framework impedes field trials and commercialization of GE crops.

Egyptian marketing year (MY) 2023/24 wheat imports are estimated at 12.0 million metric tons (MMT), up by 6.9 percent from MY 2022/23 due to lower area and production.