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The exports of tableware and cables had the lion’s share by 52 percent, followed by kitchenware by 51 percent
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The engineering exports rose in the first half (H1) of 2021 by 54% reaching $1.462bn compared to $950m during H1 of 2020
Egypt’s exports of engineering products spiked by 54 percent to $282 million in June 2021, compared to $180m in the same month in 2020, according to a press statement released by the Engineering Exports Council.
The engineering exports rose in the first half (H1) of 2021 by 54% reaching $1.462bn compared to $950m during H1 of 2020.
These products also witnessed a 28% increase in fiscal year (FY) 2020/21, reaching $2.802bn, compared to $2.188bn in FY 2019/20.
The exports of tableware and cables had the lion’s share by 52%, followed by kitchenware by 51%, automotive parts by 47%, white goods by 47%, electrical and electronic industries by 30%, and vehicles by 28%.
The largest importers of Egyptian engineering products were: the United Kingdom, Turkey, France, Germany, Spain, Greece, Saudi Arabia, Iraq, Jordan, Kuwait, Hong Kong, Lebanon, Algeria, Morocco, Sudan, Libya, Kenya, and Tunisia.
Ismail Gaber, Chairperson of the General Organization for Import and Export Control (GOEIC), said that engineering industries were the third highest sector in terms of growth during the first four months of the year.