Egypt's engineering exports rise to $1.8B in first half of 2022

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Thu, 28 Jul 2022 - 02:21 GMT

BY

Thu, 28 Jul 2022 - 02:21 GMT

Exports- Creative Commons cia Pixabay

Exports- Creative Commons cia Pixabay

CAIRO - 28 July 2022: Egypt's engineering exports rose during the first half of 2022 by 27 percent to $1.8 billion, compared to $1.4 billion in the same period of 2021, according to the monthly report of the Export Council for Engineering Industries.
 
Engineering exports witnessed a 4 percent increase in June 2022 compared to the same month 2021, reaching $303 million compared to $291 million in June of 2021, according to a press release.
 
The council’s report indicated that the most important sectors whose exports increased during the first half of 2022 compared to the same period in 2021 were electrical appliances (49 percent), cables (60), household appliances (10 percent), machinery (117 percent) and metals (46 percent).
 

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