Latest in Tag: Exports Highlight

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Latest in Tag: Exports


Trade Minister discusses plans to achieve $100bn exports annually

Trade Minister discusses plans to achieve $100bn exports annually

The minister said that the meeting tackled the possibility of the participation of export councils in a strategy that the ministry is currently preparing to boost national industry in cooperation with various concerned authorities and the World Bank with the aim of increasing industrial growth rate. Besides, increasing the share of industry in the GDP and increasing growth rate of industrial exports, in order to achieve the desired amount of export.

Daily News Egypt

Egypt reports $3.3bn engineering exports in 11M 2022: EEC

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.

Daily News Egypt

Engineering industries exports record 19% increase in 9 months: EEC

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%.

Daily News Egypt

Egypt’s engineering exports surge 27% in 7M 2022: EEC

Egypt’s 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%.

Daily News Egypt

garment

Egypt’s 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 — an increase of 57% — followed by European markets which received clothing with a value of $37m, compared to $28m — a growth rate of 31%.

Daily News Egypt