Egypt's trade deficit dips 14.6% to $2.88B in July

Tue, 12 Oct 2021 - 03:10 GMT

Exports hiked 31.5 percent to reach $2.94 billion in July 2021, compared to $2.24 billion during the same month of 2020.

15.4% rise in Egypt's non-petroleum exports in first quarter of 2021: Cabinet information center

Thu, 07 Oct 2021 - 02:05 GMT

The cabinet's information center said non-petroleum exports rose by 15.4 percent to stand at dlrs 7.5 billion in the first quarter of 2021 against dlrs 6.5 billion in the first quarter of 2020.

Egypt provides LE 874.8M exports subsidies to 456 companies

Sun, 03 Oct 2021 - 12:46 GMT

Trade Minister clarified that the number of applied companies reached 1634 companies.

Egypt's marble exports up to $200M in 8 months

Wed, 29 Sep 2021 - 03:58 GMT

A statement issued by the council said the exports increased 60 percent during the aforementioned period registering $200 against $125 million in the corresponding period of the previous year.

Egypt's exports to Zambia reach $15M in 2020

Wed, 29 Sep 2021 - 02:56 GMT

Abdullah said in a statement, Wednesday that Egypt's exports of engineering products currently represent 15 percent of the total Egyptian exports.

Egypt's Chemical Industries Export Council targets to increase exports to African market

Tue, 28 Sep 2021 - 01:56 GMT

He added that the chemical sector is the winning horse in the African continent for Egyptian exports, so it is working hard to develop our presence in the African market, at a time when fertilizer exports alone amount to about $1.2 billion during 2020.

Trade exchange bet. Egypt, Brazil records $1.3B during 1st of 2021

Tue, 28 Sep 2021 - 11:51 GMT

CAPMAS clarified that Egypt’s exports to Brazil recorded $245.6 million during the first half of 2021, compared to $89.4 million during the same period in 2020, marking an increase of 174.6 percent.

Egypt's exports of chemicals, fertilizers to Africa worth $1.2B in 2020

Tue, 21 Sep 2021 - 05:01 GMT

She added that the African market is one of the main destinations for Egyptian exports of chemical industries, and the council has developed an implementation plan to overcome the challenges facing increasing exports, strengthening trade relations and providing information on Africa and the products traded in the market.

Exports of Egyptian Petrochemicals Company estimated at $31mln, says ministry

Tue, 21 Sep 2021 - 03:49 GMT

Molla, for his part, called for exerting more efforts to raise the efficiency of petroleum projects and increase productivity in light of the updated national plan for the petrochemical industry.

Trade exchange bet. Egypt, South Korea records $1.05B in H1 2021

Tue, 07 Sep 2021 - 02:53 GMT

Gamea added in a statement that Egyptian exports to the Korean market increased by 11.3 percent during the first half of this year, reaching $247 million, compared to $222 million during the same period last year.

Egypt's exports to Mercosur countries rise by 115% in 4 years

Wed, 01 Sep 2021 - 02:46 GMT

The “Mercosur” agreement is a free trade agreement between Egypt and the countries of the grouping, which is an economic bloc of the Common Market of Southern Latin American countries, and this grouping includes (Argentina, Brazil, Uruguay, and Paraguay).

Egypt applies customs reductions on 6900 commodities exported to Mercosur markets

Wed, 01 Sep 2021 - 02:26 GMT

The new tranche of customs cuts comes as a continuation of the list of goods that were completely freed from customs duties during September last year, which included about 600 goods.

Egypt's food exports rise to $2.3B in 7 months

Wed, 01 Sep 2021 - 01:06 GMT

The Council indicated in a statement that the exports of March 2021 are the highest value of exports for the period from January to July of 2021, with a value of $384 million.

Trade exchange bet. Egypt, Mercosur countries during 2020

Tue, 17 Aug 2021 - 03:00 GMT

Gamal added during a seminar organized by the Agricultural Export Council that since the entry into force of the agreement in 2017, the volume of Egyptian exports has doubled, rising from $113.1 million in 2016 to $395.8 million in 2020, while the volume of Egyptian imports declined from $4 billion in 2016 to $3 billion in 2020.

Ready-to-wear garment exports hit $918m in 6 months in 2021

Wed, 11 Aug 2021 - 02:54 GMT

Head of the Export Council for Ready-made Garments Marie Louis, said in a statement Wednesday the sector's exports rose by 55 percent in June to reach $199 million, compared to $128 million during the same month last year.

Egypt's agricultural exports rise to $2.2B in 10 months

Tue, 10 Aug 2021 - 02:28 GMT

The report issued by the Agricultural Export Council showed an increase in the total quantities exported from the sector during the period from September 2020 to June 2021, to record about 3.971 million tons, compared to 3.755 million tons during the same period from 2019/2020, with a growth of 5.7 percent.

Egypt's trade deficit increases 10% to $3.34B in May

Thu, 05 Aug 2021 - 11:28 GMT

CAPMAS said exports hiked 80.3 percent to reach $3.11 billion in May 2021, compared to $1.72 billion during the same month of 2020.

Experts reflect on performance of Egyptian exports to fellow African states

Wed, 04 Aug 2021 - 02:14 GMT

The panel discussion displayed the opportunities and challenges impacting Egyptian exports to fellow African countries.

Egypt’s engineering exports jump 54% in June 2021

Sun, 01 Aug 2021 - 12:50 GMT

The engineering exports rose in the first half of the 2021 by 54 percent, reaching $1.462 billion compared to $950 million during the same period of the 2020.

Marble, granite exports hit $128m in first 5 months of 2021

Tue, 27 Jul 2021 - 01:32 GMT

In its monthly bulletin issued on Monday, the council said exports reached 850,955 tons at a value of $128 million compared with 563,611 tons worth $67 million a year earlier.