Egypt's electricity minister, Copelouzos Group discuss progress on Egypt–Greece power interconnection    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Prime Developments, Osoul for Tourism Development launch EGP 1.25bn CLAN project in Hurghada    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Total financing by FRA-regulated entities hits EGP 640.1bn in June 2025    Egypt aims to restore gas output, reach self-sufficiency by 2027: PM    EGP climbs vs USD in Wed.'s trading close    Egypt, Saudi Arabia reject Israeli plan to occupy Gaza    Egypt prepares to tackle seasonal air pollution in Nile Delta    27 Western countries issue joint call for unimpeded aid access to Gaza    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Australia to recognise Palestinian state in September, New Zealand to decide    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Korean Cultural Centre in Cairo launches folk painting workshop    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Non-Oil Exports Hit $11.8 Bln Since Beginning Of 2014
Published in Amwal Al Ghad on 10 - 07 - 2014

Egyptian exports of non-petroleum products rose 1.6% year on year in June 2014 to $2 billion, up from $1.98 billion in exports in June 2013.
Exports began rising in May and continued their climb in June, marking the beginning of a recovery in exports. Exports saw a series of dips through the first five months of the year.
According to a monthly report by the Ministry of Industry and Foreign Trade, exports from the period between January to the end of June 2014 totalled $11.841 billion, representing a 1.26% increase from the same period last year, when exports totalled $11.694 billion.
The proceeds from the exports during the first six months of 2014 accounts for 47.36% of the ministry's plan for this year's exports, targeted at $25 billion.
The number of exporters during the first half of 2014 currently stands at 6,164, of which 629 are new exporters who did not export three years ago. Their exports account for 2% of total exports in the same period.
Arab states acquired the largest share in the value of exports during the first half of 2014, valued at $5 billion, followed by European Union countries valued at $3.5 billion, the United States valued at $605m, Africa (not including Arab countries) valued at $576m, while the rest of the countries combined valued at $2.1 billion.
Saudi Arabia came in first place among the list of top importers of Egyptian goods, followed by the US, Italy, and Turkey.
The report showed that the largest export sectors during the first half of 2014 were plastic products valued at EGP 5.59 billion, followed by fertiliser products valued at EGP 2.9 billion. Cast iron and steel, cables, car parts and cosmetics are other important export products.
According to the report, leather exports in the first half of 2014 rose to $117m compared to $95m during the same period last year, marking a 23% increase. Also the export of spinning and textiles, medical and pharmaceutical products and food industry increased.
Meanwhile, the first half of 2014 saw a 30% decline in exports of building materials from $2.79 billion to $1.95 billion. Books and textbook exports dropped 24% from $14m to $11m, while also the export of garments and engineering industries dipped.
Source: Daily News Egypt


Clic here to read the story from its source.