Latest in Tag: Exports Highlight

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Latest in Tag: Exports


21% increase in Egyptian exports to EU market: Kabil

Egyptian commodity exports to European Union (EU) countries increased significantly during 2017, at a value of about €8.1bn, compared to €6.7bn in 2016, an increase of 21%, according to a Friday press statement from Minister of Trade and Industry Tarek Kabil. Furthermore, the large increase in Egyptian exports to these markets contributed to the growth …

Nihal Samir

28% increase in Egyptian exports to Belgium in 2017

Minister of Trade and Industry Tarek Kabil announced in a press statement on Tuesday that Egyptian exports to the Belgian market witnessed an increase of 28% in 2017 compared to 2016. He explained that Egyptian exports to the Belgian market grew in 2017 to record about €320m, up from €250m a year prior, bringing the …

Daily News Egypt

52.3% increase in Egyptian exports to Spain in 2017

Minister of Trade and Industry Tarek Kabil revealed, in a press statement on Tuesday, that Egyptian exports to the Spanish market increased by 52.3% in 2017, to reach €640.5m compared to €420.5m in 2016. Kabil added that the Egyptian imports from the Spanish market have declined, dropping from €1.38bn in 2016 to €1.26bn last year, …

Daily News Egypt

38.5% increase in Egyptian exports to Turkey in 2017

Minister of Trade and Industry Tarek Kabil announced that Egyptian exports to Turkey achieved unprecedented growth during the past year, increasing 38.5% to reach $1.998bn compared to $1.443bn in 2016. The minister added that Egyptian imports from Turkey witnessed a remarkable decline last year to reach $2.36bn compared to $2.733bn in 2016, a decline of …

Daily News Egypt

$9.624bn Egyptian exports to 5 countries in 2017

Egyptian exports to the five largest countries in the world during 2017 reached $9.624bn, accounting for 37.3% of total Egyptian exports to the world, which amount to $25.8bn, according to the Egyptian Foreign Trade Bulletin issued by the Central Agency for Public Mobilisation and Statistics (CAPMAS). The report showed that the UAE ranked first among …

Daily News Egypt

35% increase in Egypt’s exports to Russia during 2017

Tarek Kabil, minister of trade and industry, announced that Egyptian commodity exports to the Russian market increased by 35% last year, reaching a value of about $504.6m compared to $374.1m in 2016. He highlighted the great diversity of Egyptian export items to the Russian market, explaining that this diversity contributed to the enhancement of Egyptian …

Daily News Egypt

16% increase in Egyptian exports in January compared to 2017

Minister of Trade and Industry Tarek Kabil said that total investments in the food industry in 2017 amounted to EGP 500bn and are expected to increase by 2018 by 1%. Egypt’s exports in January 2018 increased by 16% compared to the same month last year. “In the past, we only gave 700 licenses a year, …

Daily News Egypt

40% increase in Egyptian exports to Tunisian market

Minister of Trade and Industry Tarek Kabil said that the Egyptian non-oil exports to the Tunisian market within 2017 rose by 40.7%, scoring $187.2m compared to $133m in 2016. Kabil said that the large increase in the rates of Egyptian exports to the Tunisian market is due to the increased competitiveness and acceptance of Egyptian …

Daily News Egypt

Extra Global Company aims to double exports by entering new markets

Extra Global Company aims to double its exports during the current export season by expanding into a number of new markets and acquiring new clients. Chairperson Ahmed Farahat said that the company will expand in Africa in the coming season and increase its number of clients in Europe. Farahat expects the company to achieve $1m …

Selim Hassan