In the industries of ready-made garments, building materials, spinning, textiles, engineering and electronic goods, chemical products and fertilizers, the most prominent sectors that achieved an increase in export rates
The United States, Saudi Arabia, Turkey, Italy, the Emirates, Spain, Britain and India are the main receiving markets for Egyptian exports
Mrs. Nevin Gamea, Minister of Trade and Industry announced that the Egyptian non-oil exports amounted during the first quarter of 2022 (January-March) to 9 billion and 176 million dollars, compared to 7 billion and 671 million dollars during the same period in 2021, with a difference of 1.505 billion dollars, achieving an increase rate reached 20%.
The minister said that the tangible positive indicators achieved by Egyptian merchandise exports during the first quarter of this year, despite the global economic repercussions resulting from the Russian-Ukrainian war and the Corona virus pandemic, are due to the stability of global demand for Egyptian products in various productive sectors, maintaining export markets and opening new markets in addition to To the high competitiveness of the Egyptian product in foreign markets, as well as benefiting from all available export opportunities, especially in the markets of the African continent, She pointed out that the implementation of the new program to support exports and reimburse the burdens, and the continuation of the programs for paying overdue export dues at the Export Development Fund contributed to the continuation of Egyptian exports achieving significant growth rates despite the great global economic challenges.
Gamea added that the free and preferential trade agreements signed with a large number of countries and international economic blocs provide a solid ground for Egyptian exports to compete in a number of regional and global markets. Noting that the current period is witnessing the dependence of a number of global markets on the Egyptian product, especially in light of the slowdown in the production process in a large number of countries due to the current geopolitical tensions and the repercussions of the Corona pandemic.
The minister pointed out that, according to the report prepared by the Foreign Trade Data Warehouse at the General Organization for Export and Import Control – it showed that the geographical distribution of Egyptian exports during The first quarter of 2022 included the continent of Africa without the Arab countries, with a value of 515 million dollars, compared to 382 million dollars during the same period in 2021, with an increase of 35%, and the Arab League with a value of 2 billion and 998 million dollars, compared to 2 billion and 342 million dollars during the same period in the year 2021, with an increase of 28%, and the United States of America, with a value of 623 million dollars, compared to 513 million dollars during the same period in 2021, with an increase of 21%, and the European Union, with a value of 2 billion and 505 million dollars, compared to 2 billion and 199 million dollars during the same period in 2021, with an increase It reached 14%, and other markets valued at $2 billion and 535 million, compared to $2 billion and 235 million during 2021, with an increase of 13%.
In this context, Major General Essam Al-Najjar, head of the General Organization for Export and Import Control, stated that the report monitored 11 export sectors whose exports achieved a tangible increase during the first quarter of 2022, which included the printing, packaging, paper, books and technical works sector with a value of 312 One million dollars, compared to 196 million dollars during the same period in 2021, an increase of 59%, and the ready-made garments sector amounted to 625 million dollars, compared to 435 million dollars during the same period in 2021, an increase of 44%, and the building materials sector amounted to one billion and 905 million dollars, compared to 1.415 billion dollars. million dollars during the same period in 2021, an increase of 35%, and the textile and spinning sector, with a value of 279 million dollars, compared to 211 million dollars during the same period in 2021, an increase of 32%, and the engineering and electronic goods sector, with a value of 977 million dollars, compared to 744 million dollars during the same period From 2021, an increase of 31%, and the chemical products and fertilizers sector, with a value of 935 billion dollars, compared to 567 billion dollars during the same period in 2021, an increase of 23%.
It added one million dollars, compared to 21 million dollars during the same period in 2021, with an increase of 22%. The medical industries sector amounted to 210 million dollars, compared to 177 million dollars during the same period in 2021, an increase of 19%, and the agricultural crops sector amounted to one billion and 33 million dollars, compared to 937 million dollars during the same period in 2021, with an increase of 10%, and the food industries sector amounted to one billion dollars. And $19 million, compared to $967 million during the same period in 2021, an increase of 5%.
Al-Najjar pointed out that the largest receiving markets for Egyptian exports during the first quarter of 2022 included the United States of America with a value of 623 million dollars, Saudi Arabia with 601 million dollars, Turkey with 565 million dollars, Italy with 580 million dollars, the United Arab Emirates with 579 million dollars and Spain with 284 million dollars. Britain and Northern Ireland worth $274 million, India $274 million, Libya $271 million and Sudan $265 million.
