News

Send To Friend
Egypt exports top 32bln, up 26 pct in 2021
19 January 2022  -  Sector :  -  Entity :  -  Category : Trade News

Other Titles

Exports grew significantly in 2021 thanks to an increasing global demand for Egyptian products in various sectors.

Cairo- Jan 19, 2022

Egypt's non-oil exports grew significantly by 26% to register $32.128 billion in 2021 for the first time, compared to $25.427 billion in 2020, according to a recent report by the General Organization for Import and Export Control (GOEIC).

"The unprecedented growth in exports last year is thanks to an increasing global demand for Egyptian products in various sectors, as well as the unremitting efforts by the ministry to support all production and export sectors during the pandemic," Gamea said.

Geographically-speaking, exports to the EU posted $9.153 billion, the US $2.446 billion, Africa -excluding Arab countries- $1.853 billion and other markets $9.128 billion; rising 56%, 51%, 31% and 28%.   

According to the report, 13 sectors were the key drivers behind export growth in 2021, among which are leather ($86 million), printing and artworks ($977 million), engineering industries and electronics ($3.387 billion), chemicals and fertilizers ($6.702 billion), and ready-made garments ($2.27 billion); with corresponding increases of 64%, 52%, 46%, 45% and 39%.

Other sectors included: home textiles ($653 million), medical industries ($690 million), textiles ($923  million), handicrafts ($254 million), food industries ($4.57 billion), furniture ($267 million), agricultural industries ($2.525 billion) and finally construction materials ($6.538 billion); up 32%, 30%, 27%, 23%, 20%, 9%, 6% and 5%  respectively.

The report also cited Egypt's top export markets during the year, including: the US, Saudi Arabia, Turkey, Italy, UAE, Malta, Spain, Britain and Northern Ireland, Libya, and Canada; with respective sums worth $2.446 billion, $1.995 billion, $1.975 billion, $1.852 billion, $1.196 billion, $1.159 billion, $1.156 billion, $1.79 billion, $938 million and $823 million.

 

Add new comment
Name*
Email
Comment body*
(0) Comment(s)