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Egypt’s exports vault 22 percent to $17.70bn

  • In July 2021, Egyptian non-petroleum exports rose by 4% to $2.95 billion, from $2.21 billion in July 2020
  • The non-petroleum imports increased slightly by 11% to $42.39 billion during the seven-month period ended July 31st, 2021

Egypt’s non-oil exports leaped up by 22 percent during the first seven months of 2021, posting $17.70 billion as compared to $14.55 billion in the same period of 2020.

According to the Minister of Industry and Trade Nevine Gamea in July 2021 alone Egyptian non-petroleum exports rose by 4% to $2.95 billion, from $2.21 billion in July 2020, the minister said.

Moreover, the non-petroleum imports increased slightly by 11% to $42.39 billion during the seven-month period ended July 31st, 2021, versus $38.89 billion during the same period of 2020, the minister added.

The top 10 importers of Egyptian exports during the first seven months of 2021 included the US with imports valued at $1.29 billion, Saudi Arabia with imports valued at $1.116 billion, Turkey with imports of $1.81 billion, Italy with imports worth $999 million, and the UAE with imports of $726 million.

Meanwhile, the top 10 exporters to the Egyptian market included China with exports worth $7.58 billion, the US with exports valued at $3.33 billion, Germany with exports of $2.44 billion, turkey with exports of $2.10 billion, and Russia with exports worth $1.87 billion.