Egypt's PM, JICA chief discuss boosting investment, education ties at TICAD 9    Egyptian pound wavers vs. USD in early trade    SCZONE showcases investment opportunities to eight Japanese companies    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    Egypt's PM meets Tokyo governor, witnesses signing of education agreements    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Egypt's Sisi, France's Macron discuss Gaza ceasefire efforts in phone call    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    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.



Egypt's non-oil exports surge 19% in 5M 2021: Trade Minister
US, Saudi Arabia, Turkey, Italy, UAE, and UK are most important markets for Egyptian exports
Shaimaa Al Aees Published in Daily News Egypt on 20 - 06 - 2021

Egypt's Minister of Trade and Industry Nevine Gamea has announced that the country's non-oil exports recorded a significant increase of 19% in the first five months of 2021.
They reached $12.323bn during this time period, compared to approximately $10. 375bn in the same period in 2020.
Gamea added that Egyptian exports surged by 50%in May 2020, amounting to $2.288bn, compared to $1.522bn in May of 2020.
The minister noted that Egyptian imports also recorded a slight increase of 10% in the first five months of this year, registering $29.161bn, compared to $26.422bn in the same period in 2020.
She pointed out that the geographical distribution of Egyptian exports during the reporting period included: the European Union (EU), with a value of $3.885bn; the Arab League, with a value of $3.719bn; Africa, excluding the Arab countries, with a value of $661m; the US, with a value of $852m; and other markets with a value of $3.206bn.
The Egyptian Government's economic reform programme represents a basic pillar in achieving positive growth rates, especially in productive projects. These effects are positively reflected on increasing export rates and providing new job opportunities, Gamea disclosed.
Ismail Gaber, Head of the General Organization for Export and Import Control (GOEIC) said that the top 10 receiving markets for Egyptian exports in the first five months of this year included: the US, with a value of $852m; Saudi Arabia, with a value of $788m; Turkey, with a value of $786m; Italy, with a value of $709m; Malta, with a value of $507m; the UAE, with a value of $432m; the UK, with a value of $408m; Libya , with a value of $365m; Sudan, with a value of $320m; and Germany with $309m.
Gaber said that the top 10 exporting countries to the Egyptian market in the first five months of 2021 included: China, with a value of $5.128bn; the US, with $2.550bn; Germany, with $1.685bn; Russia, with $1.325bn; and Turkey, with $1.377bn. Italy followed, with a value of $1.117bn; India with $1.66bn; Saudi Arabia with $875m; Brazil with $800m; and the Ukraine with a value worth $772m.

Clic here to read the story from its source.