exports
The Egyptian exports to the US decreased 5.2 percent to reach $2 billion during the first 10 months of 2022, compared to $2.1 billion in the same period in 2021.
Egypt aims for attaining $100-billion exports.
She noted that Egypt's exports to Brazil soared by 20 percent in 2022 to record $650 million, compared to $540 million in 2021.
Egyptian exports continue to achieve positive results during 2022, as the medical, pharmaceutical and cosmetic industries sector achieved remarkable increases, bringing the increase rates to 38.8%, as follows.
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a report Tuesday on trade exchange between Egypt and India.
In a statement Monday, head of the Egyptian Exporting Council of Medical industries (ECMI) Maged George said that the export's sectors have witnessed remarkable development over the past three years.
The Cabinet issued Monday a report on the furniture industry.
The most prominent sectors whose exports increased in 2022 compared to the same period in 2021 include cables which achieved an increase of 25.6 percent.
He added that the importance of the US market is due to it being the world's largest importer of food, with values reaching $135 billion in 2021, according to World Trade Center data.
CAPMAS stated that the top 10 importers of Egypt's exports are Spain (dlrs 3.1bn), Turkey (dlrs 3.1bn), Italy (dlrs 2.8bn), the United States (dlrs 2bn), Saudi Arabia (dlrs 2bn), Netherlands (dlrs 1.7bn), South Korea (dlrs1.95bn), France (dlrs 1.6bn), China (dlrs 1.6bn) and the United Arab Emirates (dlrs 1.5bn).
In an infographic published Tuesday, the IDSC said that Egypt’s liquefied natural gas exports rose 35.7 percent year-on-year in the second quarter of 2022, recording 1.9 million tons.
The official noted that the total size of potato exports throughout the year was 875,000 tons.
The exports reached $32.575 billion in comparison to $29.405 billion during the same period in 2021, he said.
Egypt’s production of natural gas was not halted during the coronavirus outbreak despite the worldwide suspension of production as a result of the crisis.
Egypt's natural and liquefied gas exports have seen an increase reached, $7.8 billion, which is equivalent to 160 billion pounds, during the period (January-October 2022), ranking Egypt the first in the Arab world.
Egypt's agricultural exports recorded six million tons in 2022.
The trade balance deficit decreased to $33.5 billion in the first nine months of 2022 in comparison to $34.9 billion during the same period in 2021 with a 4 percent decrease.
Egypt’s exports to the United States amounted to $1.8 billion during the first 9 months of 2022, compared to $1.9 billion during the same period in 2021, with a slight decrease of 1.7 percent.
The East Asian Countries include Malaysia, China, India, Japan, Indonesia, Pakistan, Thailand, South Korea, Singapore and Bangladesh.
Exports in January 2022 hit about $306 million , registering 14-percent growth in value compared with exports in the same month a year earlier.
