Latest in Tag: Exports Highlight
Latest in Tag: Exports

Currency flotation increased exports by $2bn: Tarek Kabil
The industrial area will help incur more foreign inflows to the country, the trade and industry minister says

Exports increased by 15% in Damietta port
A report issued by Damietta Port Authority (DPA) showed an increase of 15.3% in the number of ships on the port in September 2017 compared to September 2016. According to the report, the number of ships on the docked at Damietta port increased to 226 in September compared to 196 ship during the same month …

A year since pound flotation, what’s next for Egyptian economy?
Flotation improved Egypt’s FX reserves, exports, and FDI, yet inflation remains a challenge

Egyptian exports to Kenya jump 30%, imports fall by 27% during H1 2017: Kabil
There was a 239% increase in the trade balance between Egypt and Kenya, says Minister of Trade and Industry

Egyptian exports to France up by 17% in H1 2017
Egyptian exports to France increased by 17% in the first half (H1) of 2017, scoring a value of €321.3m, up from €274.9m in H1 2016. According to the latest report of the Economic Department of the French embassy in Egypt, imports from France increased by 11% in the same period, reaching €915.9m, compared to €825.7m. …

Meeting international standards would enhance Egyptian exports, facilitate trade: agricultural counsellor of US embassy
Linking farmers to processors and creating business opportunities in the agro-industrial value chain will encourage small and medium enterprises to invest in the agricultural sector Egyptian extra-long and long staple varieties are facing some challenges in world markets. Ali Abdi, the agricultural counsellor of the US embassy, highlighted in an interview with Daily News Egypt …

Egypt’s exports in July register $1.92bn, against $5.42bn of imports: CAPMAS
14.7 % decrease in the deficit of trade balance in July

Exporters set requirements for the development of grape exports, put hopes on Chinese market
Grape exports have achieved a boom over the last two years and we need to grow new varieties: Essa

EGAEIF aims to increase pasta exports during Christmas
The company will establish a new production line of “Spaghetti” with investments of $6m

El Maleka aims to boost exports to 70,000 tonnes by 2020
El Maleka Co. for Food Industries aims to increase its exports of pasta to 70,000 tonnes by 2020, compared to 50,000 tonnes expected to be exported by the end of this year. According to the export director of El Maleka, Mohamed Mamdouh, the company’s exports of pasta during the first eight months of this year …

Egyptian textile exports increase 12%, imports decline 59%
Cultivated cotton field areas increased to 215,000 feddans compared to 120,000 last year, says Kabil

Egyptian exports to the UAE exceed $2bn last year, up by 125%
UAE investments ranked first in the list of countries investing in Egypt, says Kabil

7% increase in Egyptian exports to the UAE
$735m surplus in trade balance between the two countries for Egypt, says ECA head

Pyramids for Agro Industries targets English, German, Eastern European markets
Pyramids for Agro Industries (PAI) aims to increase its exports in the next season by 50% through increasing export contracts and entering new markets. The Chairman of PAI, Hamdy Soliman, said that his company aims to increase its exports of citrus to 30,000 tonnes in the next season, up from 20,000 tonnes, targeting revenues of …

HEIA seeks to enter 5 new markets next season
Reap the fruits of economic reforms takes place in 2018, 10% expected increase in sector exports, says El Beltagy

Orient Group exports register EGP 203m in H1
Company to soon complete the new plant in Borg El Arab

Magrabi Agriculture achieves 58,000 exports this year, a slight increase from 2016
Company studies increasing the agriculture land to open new export markets: Al-Banna

Al Sham Agriculture targets 35% growth in exports in coming season
Exports amounted to EGP 116m last season, says Aasi

Negotiations to export 4 new products to Australia, Canada, China: Demerdash
New export rules developed to protect the reputation of the Egyptian product

Egypt`s exports to the European Union in 6 months are $3bn and $73 m: Tarek Kabil
Egyptian exports to the EU increased by 16.5%, from $ 2 bn and$639m to $ 3 bn and $ 73 m in the first half of this year (H1)

Medical supplies exports fell by $6m
Pharmaplast maintains top rank, Hidelina in second, Fine in third

Cosmetics exports down by 30%
L’Oreal Egypt tops the list with exports of $19.4m, Mashreq ranks second with $18m

Medical sector exports amount to $213m in H1 2017, down 17%
Export Council of Medical Industries aims to boost revenues to $430m by the end of the year

26% increase of Egyptian exports to Russia highest in 3 years: Kabil
Egyptian exports to the country during the first half (H1) of 2017 amounted to about $360m

Egypt’s PMI rises in July as exports orders increased for fourth consecutive month
Companies surveyed expressed optimism that economy would improve over next year

Trade deficit drops 46% in H1 2017 with exports growth and imports decline
$10bn decrease in imports, $1bn increases in exports

Trade balance deficit dropped 43.8% in May 2017: CAPMAS
Exports grew by 8.8%, reaching $2.28bn, while imports recorded $4.6bn, down by 26.1%

36% increase in chemical exports in H1 2017
Egypt’s chemical industries exports registered $1.045bn in Q1 2017 with a growth rate of 35%, says the CEC

Value of Egyptian exports to the United States reached EGP 10.6bn in 2016: CAPMAS
The value of Egyptian exports to the United States reached EGP 10.6bn in 2016 and represent 4.7% of Egypt’s exports to the world, compared to EGP 9.4bn in 2015—an increase of 12.3%. The Central Agency for Public Mobilization & Statistics (CAPMAS) published on Sunday in its “Economic Relations between Egypt and the United States of …

Egypt’s exports to international complexes amount to EGP 339.2bn, versus EGP 605bn of imports in 2016: CAPMAS
EU is top supplier, AFTA ranks first importer