The markets of Turkey, US, Saudi Arabia, Italy and Malta
accounted for 30.1% of Egypt’s total exports in January-April.
Minister of Trade and Industry Nevine Gamea has announced
that non-oil exports grew 11% year on year in the first four months of 2021 to around
$9.8 billion, up from $8.853 billion.
Based on a recent by the General Organization For Export and
Import Control, imports also increased slightly by 5% in the same period from a
year ago, registering $23.13 billion, compared to $21.975 billion.
“Thanks to relentless efforts by the Ministry of Trade and
Industry, Egypt has achieved a remarkable export rise and maintain its markets
abroad amid the COVID-19 crisis,” Gamea said commenting on the report.
According to the report, the sectors of medical industries ($236
million), handicrafts ($93 million), engineering industries ($969 million), leather
industries ($28 million), ready-made garments ($586 million) were the key
drivers behind export growth in the January-April period, rising 60% 53% 48% 40%
It also indicated that 30.1% of total Egyptian exports were
destined for countries including: US, Turkey, Saudi Arabia, Italy and Malta, with
values worth $676 million, $651 million, $633 million, $586 million and $406
On the other hand, the largest exporters to Egypt were: China, US, Germany, Russia and Italy, with values amounting
to $4.109 billion, $2.98 billion, $1.345 billion, $1.118 billion and $877
million respectively, which together accounted for 41.2% of the country’s