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The Ministry of Trade and Industry issued in the modernist report of Egypt’s commodity exports during the months of January and February 2024 that the Egyptian commodity exports recorded 6 billion and 121 million dollars, an increase of 6% over the same period in 2023. Ahmed Samir: Turkey, Saudi Arabia, Italy, Libya, and the United States of America are the most important receiving markets for Egyptian commodity exports.

Eng. / Ahmed Samir, Minister of Trade and Industry announced that Egyptian commodity exports achieved a Significant growth rate during the months of January and February 2024 reaching 6 billion and 121 million dollars compared to 5 billion and 794 million dollars during the same period in 2023 with a 6% increase, indicating that the volume of exports during these two months exceeded exports for the same period during 2022 and 2021.

This came in the context of the modernist report the minister received which issued by the General organization for Export and Import Control on the rates of Egyptian commodity exports during the months of January and February 2024.

The report included the largest receiving markets for Egyptian exports during the past January and February, which included Turkey with a value of 551 million dollars, and the Kingdom of Saudi Arabia with a value of 511 million dollars, Italy with a value of 395 million dollars, Libya with a value of 337 million dollars, and the United States of America with a value of 315 million dollars

The report also reviewed the most important export sectors that formed the structure of Egyptian exports during the first two months of this year, which included building materials worth 1.177 billion dollars, agricultural crops worth 939 million dollars, and food industries worth 873 million dollars, Chemical products and fertilizers worth 871 million dollars, engineering and electronic goods worth 809 million dollars, ready-made clothing worth 465 million dollars, spinning and textiles worth 179 million dollars, printing, packaging, paper, books and artistic works worth 153 million dollars, furnishings worth 94 million dollars, and medical industries With a value of 92 million dollars, furniture worth 43 million dollars, handicrafts worth 36 million dollars, and leather, shoes and leather products worth 27 million dollars.

The report pointed to the most prominent customs items that achieved an increase in the structure of Egyptian exports during the first two months of this year, which included fresh and dried oranges worth 296 million dollars, nitrogen fertilizers worth 268 million dollars, gold worth 211 million dollars, insulated wires and cables worth 229 million dollars, and petroleum oils worth 215 million dollars.

date of publication : Tue,12 Mar 2024 02:35 pm
Last updated: Tue,12 Mar 2024 02:35 pm
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