Egypt is willing to become an important exporter of orange as exports registered a 10% increase in 2017, which is boosting its competitiveness regarding the world’s biggest producers of the citrus fruit.
Egypt is welcoming 2018 with some good economic news. One of them is the significant 10% increase of orange exports. The country is in competition with high level producers such as Turkey and Greece, two of the most important producers of orange in the world.
In fact, Eastern Europe countries and Russia are showing more and more interest about Egyptian and Turkish product while Spain is loosing access to these markets. This finding reflects the warming of trade relationship between Cairo and Moscow in the last year.
Due to its strategy based on attractive prices after the floating of the domestic currency, the United States Department of Agriculture (USDA) is expecting Egypt to become the world’s largest exporter of orange in the 2017/2018 season.
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