Home
[You must be registered and logged in to see this image.]
Egypt is considering exporting food to Iraq: "They produce only 1% of their needs"
Shafaq News/ An Egyptian official reported, on Thursday, preparing an economic study to export his country's products to Iraq, noting that the Iraqi food industry covers only 1% of the market's needs.
The head of the Egyptian Commercial Office in the Iraqi capital, Baghdad, Majed Sabek, said that the office had prepared a study on the needs of the Iraqi market and analyzed their requirements, in order to introduce Egyptian companies to this market, to choose the products that can be exported and the mechanisms for dealing with companies and traders in Iraq.
This came during a symposium organized by the Export Council for Food Industries in cooperation with the Commercial Representation Agency, under the title "Opportunities for developing food industry exports to Iraq."
He added that Iraq is a young country, as 70% of the population of 40 million people is young, which must be taken into consideration, especially as this affects the nature of their consumption of food.
Previous explained, that the Iraqi industry in the food sector covers only 1% of the needs of this market, as it does not exceed types of dairy and its products, rice and pasta packaging, and juice factories, but in a small way, and some industries related to dates, but it has huge meat industries, As the Iraqi consumer prefers to rely on the Iraqi product.
He stated that 99% of the Iraqi market's needs are imported from abroad, as its total imports during the past year amounted to about 33 billion dollars during 2020, 16% of which are food products with about 5.3 billion dollars.
Previously, he reviewed the most important items of Iraq’s food imports during 2020, which are represented in rice with a value of 690 million dollars, oils and fats with a value of 560 million dollars, flour and wheat and barley grains with a value of 470 million dollars, foods from “corn flakes, couscous and oats” at about 453.6 million dollars, and food preparations Of barley and wheat with a value of 3789 million dollars, sugar with a value of 355.6 million dollars, and tobacco and cigarettes with a value of 275.4 million dollars.
He added that Iraq's imports of nuts during the past year amounted to $208 million, preserved vegetables about $207.7 million, cheese about $187.7 million, milk and its derivatives about $148.9 million, chocolate about $148.5 million, and eating cats and dogs about $129.4 million. Pasta is about $119.9 million, wines and wine are about $90 million, yeast is about $27 million, vinegar is about $1.7 million, and honey is about $1.6 million.
Regarding the most important countries supplying Iraq, he previously noted that they differ from one producer to another, but Turkey has a large share, as it accounts for 27% of the Iraqi market, explaining that India is the largest supplier of rice to Iraq, followed by Turkey, and Turkey is the largest supplier of sunflower oil, Indonesia for palm oil and Spain for olive oil.
With regard to the effects and repercussions of the Corona pandemic on the Iraqi market, he stressed that it is still ongoing and at all commercial levels, as it suffers from a stagnation of 30-40%, noting that the Iraqi market is witnessing stability and convergence between the prices of goods in large supermarkets and small shops, and that There is an interest in the price component in the first place.
Regarding the procedures for exporting to the Iraqi market, the head of the Egyptian Commercial Office in Baghdad explained that Iraq does not give Egypt any preferential treatment, and that companies wishing to export to it must join the database of the registration program for factories and companies supplying to Iraq, which is approved by the Iraqi General Company for Exhibitions and Commercial Services in coordination With the German company TUV REHINlAND.
On the other hand, he stressed that non-cash payment methods are not popular in Iraq, noting that merchants in Iraq prefer to deal with cash, noting that the most important customs ports for Egyptian exports in Iraq are the Tarbil port on the Iraqi-Jordanian border, and the Umm Qasr port in Basra. .
He pointed out that frozen cheeses and vegetables have good opportunities in the Iraqi market, and there is a possibility to export them from Egypt, and there is a desire on the Iraqi side to import from Egypt, especially engineering goods.
He added that Iraqi companies prefer manufacturing to others, and there is an Iraqi company that requested the manufacture of stoves in Egypt in its name and with specific specifications, and an agreement was reached with an Egyptian company for manufacturing for the Iraqi company, and it was agreed to send a trial shipment from Egypt.
Regarding the possibility of exporting poultry in its various forms from Egypt, he explained that there has been a decision by the Iraqi government to ban the import of 25 items of agricultural and animal products from all countries of the world since 2018, and in fact there has been a decline in the volume of imports of that item to Iraq by up to 50% during the past year.
He added that among those products are chicken in all its forms, whether live, frozen or factory, as well as table eggs, noting that there is periodic follow-up to this decision to know which items are included and which are canceled, and are sent to the Ministry of Agriculture and Agricultural Quarantine and the Export Council for Agricultural Crops.
[You must be registered and logged in to see this link.]
The head of the Egyptian Commercial Office in the Iraqi capital, Baghdad, Majed Sabek, said that the office had prepared a study on the needs of the Iraqi market and analyzed their requirements, in order to introduce Egyptian companies to this market, to choose the products that can be exported and the mechanisms for dealing with companies and traders in Iraq.
This came during a symposium organized by the Export Council for Food Industries in cooperation with the Commercial Representation Agency, under the title "Opportunities for developing food industry exports to Iraq."
He added that Iraq is a young country, as 70% of the population of 40 million people is young, which must be taken into consideration, especially as this affects the nature of their consumption of food.
Previous explained, that the Iraqi industry in the food sector covers only 1% of the needs of this market, as it does not exceed types of dairy and its products, rice and pasta packaging, and juice factories, but in a small way, and some industries related to dates, but it has huge meat industries, As the Iraqi consumer prefers to rely on the Iraqi product.
He stated that 99% of the Iraqi market's needs are imported from abroad, as its total imports during the past year amounted to about 33 billion dollars during 2020, 16% of which are food products with about 5.3 billion dollars.
Previously, he reviewed the most important items of Iraq’s food imports during 2020, which are represented in rice with a value of 690 million dollars, oils and fats with a value of 560 million dollars, flour and wheat and barley grains with a value of 470 million dollars, foods from “corn flakes, couscous and oats” at about 453.6 million dollars, and food preparations Of barley and wheat with a value of 3789 million dollars, sugar with a value of 355.6 million dollars, and tobacco and cigarettes with a value of 275.4 million dollars.
He added that Iraq's imports of nuts during the past year amounted to $208 million, preserved vegetables about $207.7 million, cheese about $187.7 million, milk and its derivatives about $148.9 million, chocolate about $148.5 million, and eating cats and dogs about $129.4 million. Pasta is about $119.9 million, wines and wine are about $90 million, yeast is about $27 million, vinegar is about $1.7 million, and honey is about $1.6 million.
Regarding the most important countries supplying Iraq, he previously noted that they differ from one producer to another, but Turkey has a large share, as it accounts for 27% of the Iraqi market, explaining that India is the largest supplier of rice to Iraq, followed by Turkey, and Turkey is the largest supplier of sunflower oil, Indonesia for palm oil and Spain for olive oil.
With regard to the effects and repercussions of the Corona pandemic on the Iraqi market, he stressed that it is still ongoing and at all commercial levels, as it suffers from a stagnation of 30-40%, noting that the Iraqi market is witnessing stability and convergence between the prices of goods in large supermarkets and small shops, and that There is an interest in the price component in the first place.
Regarding the procedures for exporting to the Iraqi market, the head of the Egyptian Commercial Office in Baghdad explained that Iraq does not give Egypt any preferential treatment, and that companies wishing to export to it must join the database of the registration program for factories and companies supplying to Iraq, which is approved by the Iraqi General Company for Exhibitions and Commercial Services in coordination With the German company TUV REHINlAND.
On the other hand, he stressed that non-cash payment methods are not popular in Iraq, noting that merchants in Iraq prefer to deal with cash, noting that the most important customs ports for Egyptian exports in Iraq are the Tarbil port on the Iraqi-Jordanian border, and the Umm Qasr port in Basra. .
He pointed out that frozen cheeses and vegetables have good opportunities in the Iraqi market, and there is a possibility to export them from Egypt, and there is a desire on the Iraqi side to import from Egypt, especially engineering goods.
He added that Iraqi companies prefer manufacturing to others, and there is an Iraqi company that requested the manufacture of stoves in Egypt in its name and with specific specifications, and an agreement was reached with an Egyptian company for manufacturing for the Iraqi company, and it was agreed to send a trial shipment from Egypt.
Regarding the possibility of exporting poultry in its various forms from Egypt, he explained that there has been a decision by the Iraqi government to ban the import of 25 items of agricultural and animal products from all countries of the world since 2018, and in fact there has been a decline in the volume of imports of that item to Iraq by up to 50% during the past year.
He added that among those products are chicken in all its forms, whether live, frozen or factory, as well as table eggs, noting that there is periodic follow-up to this decision to know which items are included and which are canceled, and are sent to the Ministry of Agriculture and Agricultural Quarantine and the Export Council for Agricultural Crops.
[You must be registered and logged in to see this link.]
» Parliamentary Finance: Amending the Federal Budget Opens the Way to Change Ineffective Paragraphs
» utube 11/23/24 MM&C Reporting-Expectations are High-IMF-Flexible Exchange Rate Regime-Pr
» utube 11/26/24 MM&C MM&C Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023,
» utube 11/27/24 MM&C The National Union explains the reasons for not legislating the oil and gas
» Mr. Al-Hakim: Oil dependence is an economic problem for Iraq, and decentralization is a guarantee of
» Al-Ziyadi: Amending the Investment Law and the Central Bank’s Interaction Guarantee the Success of t
» Iraq signs Mecca agreement to enhance cooperation in combating corruption and recovering its proceed
» Rights Center: 2024 Census Will Not Change Number of House of Representatives Seats.. Explains Why
» Parliamentary Oil: Amending a paragraph in the budget enhances oil exports and understanding with Ku
» Will Iraq take the adventure of joining BRICS despite American risks?
» MP: Former Oil Minister Blackmailed Main Suspect in Stealing the Century
» Negative impact on the legislation of laws.. Popular movement criticizes the weak performance of the
» Al-Maliki Coalition: Most blocs support amending the electoral law
» The National Union explains the reasons for not legislating the oil and gas law
» Iraq signs two memoranda of understanding with the Arab Tourism Organization
» Parliamentary Committee: Granting investment licenses reduces housing unit prices
» Parliamentary Finance: Amending the budget law will allow for changing useless paragraphs and items
» MP reveals latest developments in Personal Status Law
» Salary scale pushes towards hosting Al-Sudani inside the parliament dome
» Intensive meetings with British BP to develop Kirkuk fields
» "Al-Eqtisad News" publishes the full decisions of the Cabinet session
» Parliamentary Energy: Iraq continues its efforts to diversify gas supply sources
» What is Iraq's connection? Goldman Sachs: OPEC+ cuts may support oil in the short term
» New understandings between Baghdad and Erbil to export oil via Turkish Ceyhan
» Minister of Communications: We will deal with the global parent company Vodafone, not its branch in
» "Pessimism" about Trump's arrival to the US presidency.. Will it affect the Iraqi economy?
» Iraq is the fourth largest Arab country and the 51st largest in the world in the list of the world's
» Parliamentary criticism follows granting Vodafone the national mobile phone license
» Oil Markets: OPEC+ Plans to Increase Production, Trump's Promises Spark Controversy
» Natural barriers to stop desertification in the country
» Parliament Legality to Al-Sabah: Extending the Legislative Session Aims to Pass Important Laws
» The Council of Ministers takes 19 important decisions
» Al-Sudani: We succeeded in sparing Iraq the consequences of conflicts
» 20 schools with international standards in Babylon
» Transport to {Sabah}: One million passengers on board the Green Bird in 4 months
» Agriculture to {Sabah}: Strategic work programs to stop desertification in the country
» Food Basket: Improved Quality, Delayed Distribution
» Parliament extends its term and ends reading of three laws
» Great government achievements.. Model school buildings project
» Parliamentary meeting to discuss four important oil files
» Parliamentary Committee: We support amending the budget law and we submitted a request to add a new
» Al-Sudani stresses the importance of relations between Iraq and Kuwait and the government's efforts
» Al-Sudani leaves Baghdad for Spain on an official visit
» Economist: Non-oil revenues to achieve significant growth in 2024
» Transport signs a consulting contract with an Italian company regarding the first phase of the devel
» Iraqi Exhibitions Announce New Exhibitions Next Month
» Integrity: Iraq signs Mecca Agreement to enhance cooperation in combating corruption
» Despite setting the first session... the talks to form the regional government are at a standstill a
» Speaker of the House of Representatives discusses a number of important national issues with the Pre
» Iraqi oil falls again on third day of trading
» Economist: Iraq has a reliable database and the census does not create development but rather facili
» Decisive moves to propose salary scale amendment under the parliament dome
» To solve the overcrowding crisis, Iraq needs to build 10,000 schools
» 64% of Anbar power plant in Hit completed: A qualitative step to enhance energy
» Minister of Interior: We discussed with the United Kingdom ways of security and intelligence coopera
» The possibility of an Israeli strike on Iraq is increasing.. Will the factions stop the attacks if a
» Halt of Iranian gas supplies threatens operation of power plants in Iraq
» The Presidency of the Region announces: The new parliament will hold its first session on the second
» America: Factions in Iraq expose the country to the risk of instability
» Planning reveals the next step of the census: We will visit these families
» Health: Opening of three new factories to produce various medicines
» Health: Ongoing work to develop and create new specialized centers throughout Iraq
» The House of Representatives completes the first reading of the draft law amending the first three-y
» President of the Republic: The necessity of unifying efforts to establish peace and stability in the
» Al-Mandlawi to Kuwaiti Ambassador: The security of the region is indivisible
» Indian Oil Corporation maintains deal to import Iraqi oil
» Iraq's oil exports exceed 103 million barrels last month
» MP angry over obstruction of defense minister’s interrogation: Files threaten Iraq’s security collap
» Cabinet decisions include those related to “voluntary deduction” and Iraqi airports
» For the first time since 2003, non-oil revenues achieve significant growth during 2024 (tables)
» Find out the dollar prices in the Iraqi markets
» A new suspicion in the railways, its heroes are the “22 billion contract team”.. Signing a contract
» Prime Minister sponsors signing of two memoranda of understanding in the field of tourism
» Parliamentary Finance Committee discusses amending the three-year budget
» "Rich Iraq" seeks "money" to combat methane emissions: internal and external obstacles
» Increase in foreign remittance sales at the Central Bank of Iraq auction
» Its area is 2.5 million acres, and these are its details.. Work begins on a "large" residential city
» Kurdistan Finance delivers employees' salary schedule to the federal government
» Beggars are sweeping the streets of Iraq.. Their numbers are "large" and 90% of them receive welfare
» Settling tax trust claims
» Launching the National School Health Strategy
» Approval to implement service projects in Babylon
» New container handling berths at ports
» Work: Demand for registration in social security
» Reconstruction: Land Bank to be completed next year
» Aiming to enhance services in schools and prevent diseases, the National School Health Strategy for
» Karmian Festival witnesses the conclusion of commercial and industrial contracts
» Focus on the banking sector
» Minister of Trade: Studies Center is a turning point that serves the Iraqi economy
» Economists: Census is a roadmap for development
» Today's newspapers are interested in Al-Sudani's announcement that the population of Iraq exceeds 45
» International Development Bank: Today's incident was an extortion attempt that did not affect our wo
» thirty-sixth session, chaired by the Minister of Planning
» Closed meeting of the Parliamentary Finance Committee to discuss seven files
» The demographic boom in Iraq: an economic opportunity or a social burden?
» Al-Sudani confirms to Russian delegation Iraq's desire to establish a mechanism that brings mutual b
» Parliament holds its session headed by Al-Mashhadani and attended by 168 MPs
» The Iraqi government deducts 1% of the salaries of employees and retirees to donate to Gaza and Leba