Home textiles exports up 3% in 9 months

CAIRO – 22 October 2017: Exports of the home textiles sector increased by three percent in the first nine months of 2017 to reach $375 million, compared with $365 million in the same period last year, the Egyptian Home Textile Export Council (HTEC) said Sunday.

The council aims to increase its exports to some $600 million by the end of 2017, recording an increase of 14 percent, head of the HTEC Saeed Ahmed said.

He added that the home textiles sector will participate in the Heimtextil exhibition, the International Trade Fair for Home and Contract Textiles, in Germany in January 2018, with some 38 Egyptian companies.

He said that the event is the world’s biggest textile exhibition, which makes it a good opportunity to sign new export contracts with companies at the exhibition.

Heimtextil is the biggest international trade fair for home and contract textiles, and will be held in Frankfurt from 9-12 January 2018.

While home textiles exports increased in the first nine months of 2017, furniture exports declined by 10 percent in the same period, the Egyptian Furniture Export Council’s (EFEC) said last week.