Egypt scraps parliamentary election results in 19 districts over violations    Egypt's public prosecution hands over seized gold worth $34m to central bank    Finance ministry pushes trade facilitation with ACI rollout for air freight    Abdelatty stresses Egypt's commitment to peaceful conflict resolution    Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza    Health minister warns Africa faces 'critical moment' as development aid plunges    Egypt's drug authority discusses market stability with global pharma firms    SCZONE chair launches investment promotion tour in France    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt, Germany launch government talks in berlin to boost economic ties    Egypt signs host agreement for Barcelona Convention COP24 in December    Egypt's FRA Sandbox signs 3 tech partnerships to boost cybersecurity, innovation    Gold prices fall on Tuesday    Regional diplomacy intensifies as Gaza humanitarian crisis deepens    Egypt's childhood council discusses national nursery survey results    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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.



Engineering exports increase 43% to $2.28bn in 9M2021: Engineering Export Council of Egypt
EECE monthly report revealed that exports recorded an increase of 35% in September to reach $320.6m compared to $237.8m in September 2020.
Daily News Egypt Published in Daily News Egypt on 27 - 10 - 2021

The Engineering Export Council Of Egypt (EECE) announced that the sector's exports increased by 43% from January 2021 until the end of September, reaching $2.284bn compared to $1.595bn during the same period in 2020.
EECE monthly report revealed that exports recorded an increase of 35% in September to reach $320.6m compared to $237.8m in September 2020.
The report indicated that cables exports witnessed the highest rise in the first 9 months of 2021, as they increased by 100%. It was followed by household appliances which increased by 59%, automobile components increased by 54%, electronics rose 47%, and electrical appliances by 20%.
Europe witnessed the largest increase in exports of Egyptian engineering products, as they have increased to the United Kingdom, Turkey, Slovakia, France, Germany, Spain, and Greece. While in Asia, exports to the UAE, Saudi Arabia, Iraq, Jordan, Kuwait, Lebanon, and China also witnessed an increase. In Africa, the increase was in exports to Morocco, Libya, Sudan, Kenya, Nigeria, and Tunisia.
Mai Helmy, Executive Director of the Engineering Export Council Of Egypt, attributed the increase to the continued good performance of the manufacturing sector in Egypt. She added that the continuing crisis of shipping from China also gave Egyptian products a competitive advantage especially for Arab markets and some African and European markets.
Helmy added that the engineering industries in Egypt are witnessing a clear development during the last period, despite the continuing repercussions of the coronavirus. She pointed out that the EECE continues its activities in support of engineering exports, whether through direct exhibitions or promotional missions abroad.
She pointed out the need for joint work between the government and exporting factories to promote national exports and solve any obstacles facing local production.
Helmy stressed the importance of activating all laws and legislation that would increase the competitiveness of the local industry and increase its popularity in international markets.

Clic here to read the story from its source.