The volume of trade exchange between the two countries reached a total of $4.5 billion, the report stated.
Cairo- A recent report by the Egyptian commercial office in Washington showed that Egypt’s non-petroleum exports to the US leaped by 18.4% in the first 10 months of 2017, amounting to $1.234 billion, up from $1.42 billion over the same period a year earlier, Minister of Trade and Industry Tarek Kabil said.
Exports under the Qualified Industrial Zones (QIZ) agreement grew by 1%, standing at $633 million, compared to $626 million last year.
Similarly, exports under the U.S. Generalized System of Preferences (GSP) program rose by 15.4% to reach $71.5 million, up from $62 million.
On the other hand, Egyptian imports from the US stood at $3.3 billion during the Jan-Oct period of 2017, compared to $2.9 billion in 2016, bringing the volume of trade exchange between the two countries to a total of $4.5 billion, the report stated.
Top Egyptian products that witnessed a rise in shipments to the US markets during this period included: textiles and ready-made garments (at $756.5 million); steel (at $87.5 million); and paper (at $28.4 million).