exports
The Central Agency for Public Mobilization and Statistics released a report Tuesday on trade between Egypt and fellow Nile Basin Countries in 2021.
The country's top agricultural exports were citruses, potatoes, fresh onions, fresh beans, grapes, fresh tomatoes, sweet potatoes, strawberries, guava, garlic, mango, watermelon, and pomegranates.
This came on the occasion of African Statistics Day, which falls on November 17 of each year.
Exports decreased 7.6 percent, recording $3.33 billion in August 2022, compared to $3.61 billion during the same month of 2021.
A report was recently issued by MAAT highlighting the significant increase in exports, upping the country's income during the year 2021.
Transformative industries constitute 85 percent of Egypt's non-petroleum exports.
Samir said that there are many opportunities to enhance joint cooperation between both countries in many fields.
CAPMAS revealed that Egypt’s exports to Arab countries amounted to $5.9 billion during the first half of 2022, compared to $5.4 billion during the same period in 2021, marking an increase of $466.5 million or 8.6 percent.
Head of the Export Council for Engineering Industries Sherif al-Sayad made the statements in a TV interview Saturday.
Egypt’s trade balance deficit fell by 28.7 percent in July year-on-year, recording $2.7 billion compared to $3.8 billion in the same month of 2021, according to an official Tuesday report.
According to Ahmed Abdel Hamid, the Head of the Building Materials Division of the Federation of Industries, "there is an exceptional circumstance in the industry and economy in the world, but Egypt is able to exceed this period."
He said that the Egyptian exports reached €1.192 billion in 2021 in comparison to €659 million in 2020 with an increase of 89.5 percent.
Egypt targets specific markets, the most important of which are Germany, the United Kingdom, France and the United States, in addition to the markets of the Gulf region.
The government has implemented a plan to rationalize electricity consumption in order to provide natural gas used in the stations in order to export it abroad in light of the high global prices.
Exports of fertilizer products registered $ 2 billion in the eight months, marking a rise of 53 percent in comparison with the same period last year.
In a statement Monday, the council said the US led the importing countries from Egypt in terms of ready-made garments, as its imports rose to $820 million in the first seven months in 2022 against $595 million in the same period 2021.
This came during a seminar organize by the FEC under the rubric "opportunities to develop Egyptian food industries exports" on the sidelines of SIAL Paris fair.
CAPMAS elaborated that exports decreased 3.3 percent, recording $3.75 billion in June 2022, compared to $3.88 billion during the same month of 2021.
The spokesperson highlighted that the export season has already begun, and that the amount shipped so far is 4.5 million tons.
Moreover, Egypt’s non-oil exports also achieved $19.4 billion, with an annual growth of 33 percent, he noted.
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