Latest in Tag: Exports Highlight

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Latest in Tag: Exports


105.5% increase in Egypt’s exports to US in 2017: CAPMAS

The value of Egyptian exports to United States reached EGP 23.6bn in 2017, accounting for 5.1% of Egypt’s exports to the world, this is up from EGP 11.5bn in 2016, marking an increase of 105.5%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The CAPMAS announced on Wednesday the Economic Relations between …

Hossam Mounir

Egypt’s fuel exports rise in Q1 2018 to $1.2bn

Egypt’s total fuel exports between January and March (Q1) 2018 increased to $1.225bn from $964m during the same period of 2017, an increase of approximately $260m. The Central Agency for Public Mobilisation and Statistics (CAPMAS) said in its latest report that the total exports of crude oil during the first three months of 2018 reached …

Daily News Egypt

Sico exports first Egyptian-made mobile shipment to UAE

Egyptian Silicon Industries Company (Sico), Egypt’s first mobile phone manufacturer, today released its first mobile phone shipment from its new plant in Assiut Technology Park en route to the United Arab Emirates. The chairperson of the company, Mohamed Salem, said that the plant does not target the local market only, but also foreign markets, especially …

Daily News Egypt

181.6 % increase in Egyptian cotton exports in Q2 2017/2018

The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly bulletin on cotton for the second quarter (December to February) of the agricultural season 2017/2018. The total amount of Egyptian cotton exports reached 379,700 kantars during that period, up from 134,800 kantars during the same period of the previous season, marking a large …

Hossam Mounir

Russia lifts ban on Egyptian potato exports

Tarek Kabil, minister of trade and industry, announced in a press statement on Saturday that Russian authorities have agreed to lift the imposed ban on Egyptian potato exports from eight agricultural areas. He added that exporting from those areas will begin starting from 6 June. The minister added that the decision is the culmination of …

Nihal Samir

14% increase in exports in February 2018

The deficit in Egypt’s trade balance reached $3.28bn in February 2018 compared to $3.32bn in the same month of the previous year, a decrease of 1.2%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS)’s monthly bulletin of foreign trade data for February 2018, issued on Tuesday. The value of exports increased by …

Hossam Mounir

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