According to CAPMAS, around 58 percent of Egyptian shipments to the US were comprised of ready-made clothes
Egyptian exports to France grew by 136 percent.
Legrand also launched INNOVAL Egypt, an integrated services center that provides specialized training and support for technical staff and after-sales services, and technical studies and designs for Legrand partners and customers.
The Egyptian Cabinet’s Media Center published a report highlighting Egypt’s export figures and trade indicators.
The value of natural and liquefied gas exports declined by 12.2 percent to $1.33 billion during the same period in 2023, compared to $1.52 billion in January and February 2022
The size of Samsung's current investments in Egypt amounts to $500 million, with sales worth $1.3 billion.
The sixth phase of the “immediate cash payment” initiative aims to support the export burdens of exporting companies for files completed with the Export Development Fund until shipments of December 31, 2022, with the same previous controls.
Samir explained, in an official statement, that the value of Egyptian exports to the continent amounted to $1.611 billion, and the value of Egyptian imports from the continent amounted to $506 million.
This marks a 10% increase according to a report prepared by Ahmed Al-Attar, Head of the Central Administration of Plant Quarantine
That includes a rise in the value of onion exports by 208.5 percent.
The exports of the sector increased in February by 6.3 percent to record 348 million dollars in comparison to 327 million dollars in February 2022, according to the monthly report of the EECE on Thursday.
The decline in the trade balance deficit during January 2023 is due to a decrease in the value of imports by 28.2 percent, reaching $6.33 billion, compared to $8.83 billion for the same month of the previous year.
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a report Monday showcasing the size of trade exchange between Egypt and Saudi Arabia in 2022.
The CBE noted that Egypt’s imports hit about $19.067 billion during the first quarter of 2022/2023, while exports recorded about $9.965 billion.
Egypt’s new export rebates program will run for up to three years with an estimated cost of LE 28-30 billion over the coming fiscal year 2023/2024, the Cabinet announced in a statement on Sunday.
Egypt Today reviews in this article the ongoing development and expansion works in the port of Ain Sukhna, which works to increase Egypt's share of the global market for transit trade.
The decline in the trade balance deficit during December 2022 is due to a decrease in the value of imports by 28 percent, reaching $6.11 billion, compared to $8.49 billion for the same month of the previous year.
As a result, Egypt has established six logistics centers – out of 12- in six African countries (Kenya, Morocco, Mauritius, Nigeria, Zambia, and Algeria) to facilitate access to African markets.
Egypt's fiscal year 2021/2022 witnessed positive economic performance as the recovery rates of COVID-19 surges, and the Egyptian tourism flow sees strong return, according to a recent study.
Molla added during EGYPS 2023 that Egypt's oil exports rose to reach $18.2 billion during 2022.