Italian food exports to the uae reaches $350m
More than 190 Italian companies took part in the Italian Food Lab at Gulfood this year.
Displaying products from cheese, coffee and pasta to agricultural produce, Italian exhibitors at Gulfood are looking to benefit from the growing trade in the region.
“According to recent reports, the food and beverage sector in the Gulf Cooperation Council (GCC) states is expected to continue to grow at a healthy 7.1% annually, reaching $196 billion by 2021, from the current $130 billion,” Gianpaolo Bruno, trade commissioner to the UAE, Oman and Pakistan at the Italian Trade Agency said.
“This is a great opportunity for Italian companies as there is a growing demand for Italian produce, known for their quality, authenticity and gastronomical delights. Currently, Italian food exports to the UAE alone is worth over $350 million, and through events like Gulfood we are able to bring together makers of authentic Italian produce and major industry players in the region, to do business together,” Bruno added.
Speaking on the overview of Gulfood 2018, the trade commissioner said:“the Italian companies that participated in this year’s Gulfood experienced a positive response and we look forward to strengthening Italy’s food trade with the region.”