PHOTO
Image used for illustrative purpose. Container trucks stand in line on the road due to bad weather in the Mediterranean city of Alexandria, March 30, 2019.
Egypt's merchandize exports were valued at $16.551 billion in the first five months of 2024, up by 9.8% from $15.074 billion during the same period last year, Minister of Trade and Industry Ahmed Samir announced, citing a recent report from the General Organization for Export and Import Control (GOEIC).
In May, exports totaled $3.5 billion, marking the highest value recorded in a single month, Samir added.
The country’s key importing markets of Egyptian merchandize during the first five months include Saudi Arabia with $1.391 billion, Türkiye with $1.310 billion, the UAE with $1.133 billion, Italy with $974 million, and the US with $904 million, he highlighted.
The minister also said that Egyptian merchandize exports were dominated by building materials worth $3.869 billion, food industries worth $2.644 billion, chemical products and fertilizers for $2.491 billion, and agricultural crops for $2.269 billion.
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