$19.201 billion during the first 9 months compared to $18.708 during the same
period in 2018.
Minister of Trade and Industry Amr Nassar announced that non-oil
exports surged 3% year on year to around $19.201 billion in September, up from
$18.708 billion, based
on a recent report by the ministry’s General Organization for Export and Import
The report also stated that imports fell slightly to $52.399
billion during the same period compared to $52.575 billion a year earlier.
“Thanks to a solid economic recovery, Egypt is well on its
way back on the global trade map,” Nassar said commenting on the report. “The
coming period will witness more efforts aiming to boost exports to markets
around the world.”
Ismail Gaber, head of the GOEIC, said that the four sectors
of textiles, engineering industries, readymade garments and medical products were
the key drivers behind export growth in the first nine months of the year;
rising 10%, 9%, 7% and 3% respectively.
On the other hand, imports of leather products, construction
materials, chemicals, agricultural products and furniture witnessed a decrease
of 28%, 14%, 7%, 5% and 7% respectively in the first 9 months of 2019.
It also sited the top 6 markets that received 37% of total
Egyptian exports in the January-September period were: US, UAE, Saudi Arabia,Turkey,Italy and UK; whereas China, US, Germany,
Italy, Russia and Turkey were the largest exporters to Egypt, exporting 46% of
the country’s total imports during the same period.