Seventh shipment of Pakistani aid arrives in Egypt for Gaza    Egypt receives $14bn second tranche of UAE's Ras El-Hekma deal    Biden offers to debate Trump under new terms, bypassing debate commission    Central Asian economies to grow by 5.4% in '24 – EBRD    Turkey's economy to see 3.0% growth in '25 – EBRD    S. Arabia's inflation edges up to 1.6% in April – GASTAT    US, EU split on strategy for Russia's frozen assets    NCW initiates second phase of Women's Economic Empowerment in Fayoum for financial autonomy    Egypt's Al-Mashat to serve as vice-chair at EBRD annual meetings in Yerevan    Empower Her Art Forum 2024: Bridging creative minds at National Museum of Egyptian Civilization    Niger restricts Benin's cargo transport through togo amidst tensions    Malian MP warns of Western pressure after dialogue recommends extending transition    Egypt's museums open doors for free to celebrate International Museum Day    Egypt and AstraZeneca discuss cooperation in supporting skills of medical teams, vaccination programs    TSMC to begin construction of European chip factory in Q4 '24    Biden harshly hikes tariffs on Chinese imports to protect US businesses    Madinaty Open Air Mall Welcomes Boom Room: Egypt's First Social Entertainment Hub    Egypt, Greece collaborate on healthcare development, medical tourism    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Al-Sisi inaugurates restored Sayyida Zainab Mosque, reveals plan to develop historic mosques    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    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.



Egyptian ready-made clothes exports drop by 16% in 6 months
Published in Amwal Al Ghad on 07 - 08 - 2016

Egyptian exports of ready-made clothes dropped by 16 percent during the first half of 2016 to US$591 million from US$703 million a year earlier.
According to the latest statistics on exports of ready-made clothes, the exports volume declined by 21 percent in June 2016 to US$95 million opposed to US$120 million at June 2015.
In May 2016, exports of the sector decreased by 20 percent since they recorded US$97 million compared to US$122 million a year earlier.
Meanwhile, the total exports of the sector sagged by 17 percent to US$95 million in January 2016 versus US$115 million in January 2015.
During the first quarter of 2016, exports of ready-made clothes sector fell by 15 percent to US$293 million opposed to US$345 million a year earlier.
Meanwhile, during the second quarter of 2016 ready-made clothes exports decreased to US$298 million from to US$358 million at the same period of 2015, marking 17 percent drop.
The statistics stated that U.S. imports of Egyptian ready-made clothes reached US$307 million during the first half of 2016, versus US$377 million a year earlier, registering 18.5 percent drop.
Egypt's exports to EU states recorded US$184 million compared to US$205 million , making a 10 percent decline, the statistics showed.
According to the statistics, Egyptian ready-made clothes exports to Arab states shrunk by 35 percent in January-June 2016 to US$24 million opposed to US$37 million at the same period of 2015.
The total volume of Egyptian ready-made exports to other states edged down by 10.5 percent from US$85 million to US$76 million during the first six months of 2016.


Clic here to read the story from its source.