Egypt Agriculture & Agribusiness Industry Market Report
- The Trade Adviser
- Jun 20, 2024
- 1 min read
Updated: Jun 14
The agriculture and agribusiness industry in Egypt is a vital component of the national economy, facilitating food security, rural development, and export growth. As of 2023, the agriculture sector is valued at approximately USD 25 billion, with crop production, livestock, and fisheries being the primary components (source: Egyptian Ministry of Agriculture and Land Reclamation).
The sector has seen an annual growth rate of 7% over the past five years, driven by government initiatives, technological advancements, and increasing demand for food products. Egypt's GDP stood at USD 403 billion in 2022, with the agriculture sector accounting for about 6% of the total (source: World Bank).
