Egyptian trade with G7 countries shrunk by 17% last year: CAPMAS

Thu, 13 Jun 2024 - 02:55 GMT

Trade between Egypt and G7 countries dipped in 2023, dropping by 17% to around $26 billion, reported the Central Agency for Public Mobilization and Statistics (CAPMAS) on Thursday

Trade exchange between Egypt, Arab states hit $26B in 2023

Wed, 12 Jun 2024 - 02:03 GMT

Exports and imports recorded $13.6 billion and $12.4 billion, respectively.

Egypt's agricultural exports record 4.5M tons at $2.6B since Jan. 2024

Thu, 06 Jun 2024 - 02:42 GMT

The minister of agriculture highlighted the main exported crops.

Egypt's exports of construction materials reach $2.8 billion in 1st 4 months of 2024

Tue, 04 Jun 2024 - 02:27 GMT

Ministry of Industry stated $2.8 billion in construction materials exports in the first 4 months of 2024

Engineering exports surge 32.3% YoY during first 4M of 2024

Tue, 28 May 2024 - 12:15 GMT

According to Sherif Al-Sayyad, Chair of Egypt's Engineering Export Council, April 2024 reported a record 50.3 percent increase in engineering exports, the highest in the sector’s history, reaching $431.5 million, compared to $287.1 million in April 2023

Egypt exports largest quantity of agricultural products in its history in 2023

Tue, 21 May 2024 - 01:01 GMT

The minister pointed out that Egypt ranked first in the exports of orange and frozen strawberry.

Egypt's exports of food products grow by 31% in Q1 of 2024

Tue, 07 May 2024 - 01:56 GMT

Chairman of the Food Export Council (FEC) Hany Barzi told press Tuesday.

South Korean firm expresses interest in importing Egyptian orange

Thu, 02 May 2024 - 02:26 GMT

That was in a meeting with Prime Minister Mostafa Madbouli Wednesday.

Ministry of Planning: Volume of Egyptian exports rises to $52.1 billion during 2022

Tue, 30 Apr 2024 - 12:25 GMT

Egyptian exports witnessed a major boom in 2022, growing by 19.4% percent. The total value of exports rose to $52.1 billion, compared to $43.6 billion in the previous year.

Egypt’s foreign trade reported at $24.59B during Q1 FY2023/2024, CBE

Mon, 29 Apr 2024 - 01:38 GMT

During the first quarter of FY2023/2024 (July – September 2023), Egypt’s foreign trade volume hit $24.595 billion, dropping by around 18 percent compared to the first quarter of FY2022/2023

Egypt's Engineering exports record unprecedented high levels

Sat, 27 Apr 2024 - 11:28 GMT

The figures showed that the after Egyptian engineering exports recorded levels that are the highest in the history of Egyptian engineering exports.

Egypt targets economic growth of 7-8% by 2027: Planning Minister

Sun, 21 Apr 2024 - 10:22 GMT

She noted that in spite of the anticipated economic growth deceleration in 2024 due to Middle East conflicts, the rate is projected to surpass regional average.

Egypt's commodity exports surge by 5.3% to $9.6B in Q1 2024

Tue, 16 Apr 2024 - 01:31 GMT

Turkey, Saudi Arabia, the United Arab Emirates, Italy, and the United States were the top destinations for Egyptian commodity exports.

New strategy to increase Egypt's food exports to $100 bln annually

Tue, 09 Apr 2024 - 12:57 GMT

The union aims to bring the exports to new record levels, after the food industries sector succeeded last year in achieving $5.1 billion during the year 2023.

Egypt’s trade balance deficit records $2.08B in January 2024: CAPMAS

Thu, 04 Apr 2024 - 12:07 GMT

The data from CAPMAS revealed that the value of exports experienced a decline of 15.6 percent during January 2024, amounting to $3.46 billion, compared to $4.10 billion in January 2023.

Over 1,100 companies register for export burden rebate program

Thu, 28 Mar 2024 - 02:41 GMT

The primary objective of this program is to stimulate the growth of Egypt's exports, boost production levels, and generate more employment opportunities.

Volume of Egypt's non-oil trade deficit hits $9.3B in Q4 of 2023

Wed, 27 Mar 2024 - 01:15 GMT

IDSC's data revealed that China emerged as Egypt's most significant trading partner, with a trade exchange volume of $3.4 billion during Q4 of 2023.

Egypt aims $145B raise in petroleum, non-petroleum exports within 6 years

Sun, 17 Mar 2024 - 12:50 GMT

Samir added that Egypt plans to increase industrial production by 20 percent, enhance the green economy's contribution to the gross domestic product to a minimum of 5 percent, and provide number of job openings, targeting 7 to 8 million opportunities.

Ready-made clothing topped the list of Egypt's highly exported goods last December

Tue, 12 Mar 2024 - 12:29 GMT

Data from the Foreign Trade Bulletin for last December showed the development of the list of goods whose exports increased during that period, compared to the same month of last year 2022.

Egypt’s trade balance deficit hits $3.03B in December 2023: CAPMAS

Mon, 11 Mar 2024 - 02:11 GMT

During December 2023, the value of Egypt's exports declined by 23.0 percent, to record $3.48 billion, in contrast to $4.52 billion in the same month of 2022.