Latest in Tag: Exports Highlight
Latest in Tag: Exports

Egypt’s exports to France increase 21%, while imports decrease 9% in H1 2021
Trade exchange figures contribute to 21% decrease in Egyptian trade deficit with France

Egypt’s engineering exports increase 54% to $282m in June 2021
The engineering exports rose in the first half (H1) of 2021 by 54% reaching $1.462bn compared to $950m during H1 of 2020.

Egypt seeks to increase readymade garments exports despite COVID-19
Country’s apparel exports rise 36% in first four months of 2021

Egypt exports decrease 6.4% to $28bn in 2020: CAPMAS
GAFTA receives majority of Egypt’s exports, with value of $9.8bn in 2020 compared to $10.1bn in 2019

Egypt’s chemical, fertilisers exports surge by 30% in 4 months
Egypt looking to open new markets, especially as most countries are suffering from closures, unavailability of supply chains

Egypt’s engineering exports surge 173% to $226.3m in April 2021
The country’s engineering exports rose by 49% in the first four months (4M) of fiscal year (FY) 2020/21 reaching $967.7m. This compared to the $650.2m recorded during the same period of FY 2019/2020.

Egypt’s non-oil exports reach $9.8bn in 4M 2021: Trade Minister
The latest figures compare to the $8.853bn in non-oil exports achieved during the same period of 2020.

Egypt chemical industry exports grow 22% in Q1 2021
Country’s exports have recorded 8% growth rate in the quarter, says GOEIC

Egypt holds international meetings to boost exports, tourism, FDIs
Over 10 virtual conferences gathered Egypt with China, EU, Ukraine, South Korea, and UACCIAP members

Egypt’s engineering industries exports record 30% increase in Q1 2021
Engineering, electronic sector represents Egypt’s fourth largest exports segment in Q1

Egypt’s non-oil exports rise 6% in Q1 2021: Trade Ministry
Trade deficit decreases by 1% during first 3 months of 2021, says Minister Nevine Gamea

Egypt needs exports increase to become global transport, aviation hub: Mahmoud Mohieldin
COVID-19 pandemic revealed importance of focusing on scientific research related to health sector

Egypt’s agricultural exports to US rise 22% to $220m in 2020
US agricultural exports to Egypt also increased 23% to $2bn last year

Egyptian food industry exports record $3.5bn in 2020
10 countries account for 64% of sector’s exports during the year

950 companies benefit from 2nd phase of lump-sum payment of export subsidy dues
1,069 companies receive EGP 13.5bn in export subsidy under 1st phase of initiative

IFC provides Pasabahce Egypt with finance to support exports, sustainable glass production
The International Finance Corporation (IFC) announced a financing package, on Tuesday, for leading glassware manufacturer Pasabahce Egypt for Glass Manufacturing, to help the company boost exports, introduce cleaner production practices, and create jobs.

Egypt expects $5.8bn of chemical industries exports in 2021: Official
Egypt’s chemical industries exports to Turkish market amounted to $766m in 2020, increase of 12% compared to 2019

Egyptian food industry exports to China record 21% increase in 2020
Fruits have lion’s share of Egypt’s food export to China, says Chinese Embassy

Egypt reports respective 17%, 12% decrease in trade deficit, imports
Country’s exports stood at EGP 22.8bn in 11M of 2020

Egypt sees 28.8% decrease in trade deficit during October 2020
Egypt’s trade deficit decreased by 28.8% to $2.9bn during October 2020, versus $4.1bn for the same month of previous year, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS).

Egypt signs protocol to boost engineering exports to Gulf markets
Executive Director of EECE, May Helmy, said that Tabseer will support the Egyptian companies to obtain the necessary quality and conformity certificates needed to enter not only the Gulf markets, but also the Middle East and North Africa (MENA) markets.

Egyptian exports to Japan surge 76% in 5M 2020
Japanese Ambassador invites Egypt to participate in Expo 2025 in Osaka

Egypt reports $1.22bn exports, $640m imports with Nile Basin countries in 2019
The bulletin reviewed the volume of trade, including exports and imports, with Sudan, Ethiopia, Uganda, Congo, Kenya, Tanzania, Rwanda, Burundi, and Eritrea.

UAE receives 11% of Egypt’s total exports: Gamea
During the first meeting of the Joint Egyptian-UAE Business Council, Gamea said that the UAE investments in Egypt exceed $7bn in different projects, with additional $7bn worth memoranda of understanding signed between the two countries, making the UAE the top investor in the Egyptian market.

Oriental Weavers reports strong Q3 2020 results as exports recover
The price of the main raw material polypropylene amounted to $985/tonne, down 2.9% q-o-q and 9.4% y-o-y.

Egyptian exports of gold, jewellery, and gemstones reach $2.4bn in 9M 2020
This year’s exports reflected a rise of about 76% on the previous year.

Egypt’s green exports reach $11.2bn during 2015-2019 period: Planning Ministry
A report published by the Ministry of Planning and Economic Development, on the development of Egypt’s green product trade balance, has revealed that the value of the country’s green exports reached $11.2bn during the 2015-2019 period.

Egypt reports 4.1% increase in exports value during 2019: CAPMAS
The total exports value of non-petroleum products reached $25.5bn in 2019, compared to $24.6bn in 2018, reflecting an increase of 3.9%. At the same time, the total value of exports of petroleum products and electricity increased 5.3% to reach $5.0bn in 2019, compared to $4.7bn in 2018.

Egyptian building material exports increase 20% during 8M 2020
The report shows that these exports amounted to $3.959bn during this time period, compared to $3.299bn during the same period in 2019.

Nestlé Egypt’s world exports record EGP 50m annually: Regional Official
Pandemic has taught Nestlé and FMCG companies to revisit sourcing strategies, diversify product ranges, and assess resilience of supply chain