Various new information

Minister of Commerce: $12.9 billion, the volume of Egyptian merchandise exports in 4 months



Minister of Commerce: .9 billion, the volume of Egyptian merchandise exports in 4 months

Engineer Ahmed Samir, Minister of Trade and Industry, announced that Egyptian exports of goods continued to increase for the fourth consecutive month, indicating that Egyptian exports of goods in the first 4 months of 2024 are are amounted to approximately 12 billion 912 million dollars, compared to 11 billion 782 million dollars during the same period in 2023, an increase of 10%.

This comes against the backdrop of the latest report that the minister received from the General Authority for Export and Import Control on the export indicators of Egyptian goods in the first 4 months of the current year.

Various productive sectors

The minister said that the ministry aims, in the next phase, to increase exports of all productive sectors to various foreign markets, through the concerted efforts of the ministry and its affiliated agencies with the Egyptian business community and exporters. , so as to contribute It is to increase the quality and competitiveness of Egyptian products in local and global markets, and then achieve the state’s objectives to export Egyptian products in the amount of approximately 100 billion dollars per year.

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Samir explained that the largest receiving markets for Egyptian exports of goods in the first 4 months of this year included the Kingdom of Saudi Arabia, worth $1.96 billion, up from $993.6 million during the same period in 2023, and Turkey, worth $1.76 billion, up from $900.5 million. million dollars, and Italy, 793 million dollars, compared to 785.5 million dollars, the United Arab Emirates, 735 million dollars, compared to 460 million dollars, and the United States of America, 716.2 million dollars, up from $587.1 million.

The most important export sectors

The minister highlighted that the most important export sectors that formed the structure of Egyptian merchandise exports in the first 4 months of this year included construction materials worth $2.876 billion, food industries worth 2 billion and 102 million dollars, chemicals and fertilizers worth 1.976 billion dollars. and agricultural crops worth $1 billion, and $765 million, engineering and electronic products worth $1.701 billion, ready-made garments worth $855 million , spinning and textiles worth $359 million, printing, packaging, paper, books and artistic works worth $312 million, medical industries. worth $214.5 million, and furniture worth $185 million, furniture worth $87.9 million, handicrafts worth $68 million dollars and leather, shoes and leather products worth $40 million.

The most important export products

Samir highlighted that the most important export products that allowed an increase in the structure of Egyptian exports of goods in the period from January to April 2024 included fresh and dried citrus fruits worth $767 million. , gold worth $650 million, nitrogen fertilizers worth $588.5 million, isolated products. wires and cables worth $440 million and oils worth $362.4 million.

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