Latest in Tag: Exports Highlight
Latest in Tag: Exports
Egypt reports $3.3bn engineering exports in 11M 2022: EEC
The monthly report of the EEC stated that the most prominent sectors whose exports increased in the first 11 months of 2022 compared to the same period in 2021 are, cables achieved an increase of 33%, car components increased by 15%, home appliances recorded an increase of 5%, and machinery and equipment achieved 128% increase.
Egypt adopts policies to boost exports, especially to African markets: Madbouly
This came during a Sunday meeting to discuss exports and the operation of a fast shipping line to ship agricultural crops to some European countries.
Egyptian exports to EU doubled in 2022: EUâs Ambassador
âConsidering that Egyptâs total exports totaled about â¬27bn, the EU remains the biggest importer of Egyptian products, representing around 30% of Egyptâs exports,â he continued.
Egypt recorded 29.5% increase in exports to Nile Basin countries in 2021
The total value of exports to Nile Basin countries reached $1.55bn in 2021, compared to 2020âs $1.19bn â an increase of 29.5%.
Egyptâs chemical exports surge by 31% in 9 months
The chemical industryâs exports are projected to record $8.5bn by yearâs end
Engineering industries exports record 19% increase in 9 months: EEC
The monthly report of the EEC revealed the most prominent sectors in which exports increased included the electrical appliances sector, which achieved an increase of 18%. It was followed by cable exports, which increased by 48%; automotive components by 15.1%; household appliances by 5%; pumps, boilers, and motors by 100%; machinery and equipment by 147%, and metal forming components by 88%.
Egyptâs exports to South Korea are likely to increase 2.5 times in 2022: KITA
As Russia-Ukraine war had critical influence on energy supply, Egyptâs exports of raw materials, natural gas to Korea increased rapidly: Jung Hee-chul
Adopting flexible exchange rate to benefit Egyptian exports
Manufacturers calls for new initiatives to support industry after raising interest rate
Egyptâs engineering exports surge 24% in 8M 2022: EEC
The EEC added, in its monthly report, that exports achieved an increase of 5% to $294m in August 2022 alone, compared to $279m in August 2021.
Egyptâs exports of chemical, fertiliser industries expected to reach EGP 8bn by year-end
Sector recorded 31% increase in exports in eight months
Egyptâs engineering exports surge 27% in 7M 2022: EEC
The EEC noted that the most important sectors that achieved an increase during the first 7 months of 2022 are electrical appliances, which jumped by 44%, cables, with an increase of 64%, car components increased by 10.1%, household appliances rose by 7%, and pumps, boilers and engines, which hiked by 74.  %, machinery and equipment jumped 125%, and minerals by 40%.
Egypt working on clear plan to increase exports, deepen industry: PM
President Abdel Fattah Al-Sisi directed the government to postpone increasing electricity prices to the beginning of next year
Egyptâs non-oil exports hike to $19.35bn in 6 months
The General Organisation for Export and Import Controlâs (GOEIC) recently released report highlighted that the chemical and fertiliser industries constituted 22% of Egyptâs total non-oil exports, recording $4,336bn, compared to $3.217bn â a growth rate of 35%.
Egyptâs chemical industry exports surge by 35% in 1H 2022
Furthermore, the Chemical and fertiliser industries ranked first in terms of volume of exports from Egyptâs total exports, according to the General Organisation for Export and Import Control.
Value of Egyptian exports to G7 countries increases by 64.9% during 2021 to record $9.8bn: CAPMAS
Italy came on top of the list of the highest countries in the group importing from Egypt
Egyptâs chemical industry exports surge by 33% in 5M
Chemical industries exports recorded $3.5bn, says report
22.2% increase in Egyptâs exports to country groupings in 2021: CAPMAS
Egyptâs exports to the Arab Free Trade Area came in the first rank with value of $10.7bn in 2021 versus 10.1bn in 2020, an increase rate by 6.1%, followed by ESCWA gathering with value of exports that reached $8.4bn in 2021 versus $8.1bn in 2020, an increase of 3.5%.
Egyptâs garment exports record 54% increase in January 2022
In press statements on Sunday, Louise added that the US topped the countries receiving Egyptian products with a value of $123m in January 2022, compared to $78m â an increase of 57% â followed by European markets which received clothing with a value of $37m, compared to $28m â a growth rate of 31%.
Export fees on Egyptian mineral raw materials continue until February 2023
Decision aims to encourage investment in local mineral industries
Garment exports exceed $2bn for first time during 2021
23 new factories joined AECE last year
Chemical industries account for 22% of Egyptâs exports, with 43% growth
Abu Al-Makarem added that chemical and fertiliser industry exports also achieved a growth rate of 43% in 2021, recording $6.6bn, up from the $4.165bn achieved during the same period in 2020.
Egyptâs readymade garment exports rise by 38% in 11M 2021
Exports amounted to $1.7bn, compared to $1.3bn in the same period of 2020.
Egypt’s commodity exports rise by 27% in 11M 2021
Exports are expected to exceed $31bn by 2021-end, says Trade Minister
Egyptâs engineering industry exports surge 45% in 11M 2021
El-Sayyad said that engineering industries exports increased by 51% in November 2021 compared to the same month 2020, reaching $354.8m, compared to $234.9m, the largest monthly export figure since 2009.
Egypt’s exports of medical industries register $602m in 11M 2021
Medical, pharmaceutical industries exports grow by 5.3% to $138m in 3Q 2021
Industry Ministry implements plan to boost local manufacturing, exports: Gamea
100 measures to encourage investments in industry
Egypt eyes $6.5bn worth chemical industries exports in 2023: Official
Khaled Abu Al-Makarem, Chairperson of the Chemical and Fertilizers Export Council, said that the dream of all Egyptians is to achieve the $100bn in exports, especially investors and exporters who will reap the gains after achieving the dream.
Egypt’s exports to Nile Basin countries increase 33.7% to $1.117bn in 9M 2021: CAPMAS
The agency explained, in a report, that five African countries accounted for 94.7% of the Egyptian exports to the Nile Basin region in 9M 2021. Sudan topped the list by 52.7% or $588m worth imports from Egypt, followed by Kenya by 25.4% or $284m, Ethiopia by 7.1% or $80m, Uganda by 6.1% or $68m, and Tanzania by 3.3% or $37m.
Egyptian exports show resilience during pandemic thanks to incentive measures: Cabinet
Egyptâs foreign trade increases 18.2% to $34.4bn in FY 2020/21, compared to $29.1bn in FY 2019/20
Egyptian exports to Romania increase by 51.1% in H1 2021: CAPMAS
In a Wednesday report, CAPMAS said that Egyptian imports from Romania amounted to $339.5m in H1 2021, compared to $418.3m during the same period in 2020, a decrease of 18.9%.