Garments - CC
CAIRO - 26 June 2018: The Ready-Made Garments Export Council (RMGEC) announced on Tuesday that exports of the sector increased by 12% during the first five months of the current year to reach 645 million dollars, compared with 575 million dollars during the same period in 2017.
In its monthly report, the council said that the exports of the sector to the US made an increase of 12% from January to May of 2018, recording 310 million dollars, against 276 million dollars during the same period in 2017.
With an increase of 16%, Egypt's exports to Europe registered 219 million dollars, compared with 189 million dollars in 2017.
Egypt's garment exports to African countries were notably up in the first five months of 2018 to reach 1.253 million dollars, against 855,000 dollars during the same period in 2017.
As for garment exports to Arab countries, they dropped by 16%, recording 30 million dollars in 2018, compared to 35 million dollars in 2017.
The report added that the top countries interested in the Egyptian garment exports are the US, Turkey, Spain, Britain, North Ireland, Germany, Italy, France, Saudi Arabia, Belgium and the Netherlands.
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