Exports of chemicals sector up to $ 5.714B in 8 months

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Sun, 25 Sep 2022 - 04:44 GMT

BY

Sun, 25 Sep 2022 - 04:44 GMT

FILE - Exports

FILE - Exports

CAIRO - 24 September 2022: The Chemical & Fertilizers Export Council said Saturday that the exports of chemical sector increased in the period between January and August to reach $5.714 billion, marking a rise of 31 compared with the same period last year.
 
In a report released, the council stated that the 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.
 
While, the inorganic chemicals' exports witnessed significant increase of 120 percent to record $899 million compared with $408 million, while the organic chemicals' exports that recorded $165 million compared with $135.7 million in the same period last year.
 
Other products including inks and paints had witnessed increase also.
 
The Russian-Ukrainian crisis contributed to upping chemicals prices worldwide.

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