CAIRO – 28 August 2017: Exports of readymade garments increased by seven percent in the first seven months of 2017, to reach $799 million, compared to $744 million in the same period last year, the Readymade Garments Export Council (RMGEC) said on Sunday.
According to the council’s monthly report, the sector’s exports to the U.S. has increased by four percent in the first seven months of this year to stand at $393 million, compared to $378 million in the same period of 2016. The U.S. took the lion’s share of exports.
Exports to the European Union, Arab countries and African states have also increased. Exports to Arab countries increased by a significant 58 percent.
According to the report, the U.S. comes first in terms of importing readymade clothing, followed by Spain and Turkey.