Non-petroleum exports increase to $11,575B in 11 months: Industry min.

CAIRO - 29 December 2022: Minister of Trade Ahmed Samir said that Egypt's non-petroleum exports succeeded in the first 11 months of 2022 to achieve positive indexes and increased to $11,575 billion at an 11 percent rise.

 

The exports reached $32.575 billion in comparison to $29.405 billion during the same period in 2021, he said.

 

The total Egyptian exports will reach $35 billion by the end of 2022, the minister said.

 

These positive indexes reflect the ability of the Egyptian export sectors to handle current international economic challenges resulting from the repercussions of the Russian-Ukrainian crisis and coronavirus pandemic, Samir said.

 

During the coming stage, the ministry targets improving the rates of Egyptian exports to different regional and international markets, he said.