$16bln of non-oil exports so far this year for Egypt

Last month also saw $190mln worth of exports for 20 food commodities, according to the GOEIC

  
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.

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.

REUTERS/Amr Abdallah Dalsh

CAIRO: Egypt’s General Organization for Export and Import Control (GOEIC) announced on Thursday that Egypt’s non-oil exports amounted to roughly $16 billion during the first eight months of 2020, compared to $16.752 billion during the same period last year, a decline of 4.7 percent.

The GOEIC said that Egypt’s non-oil exports during August were $1.741 billion, an increase of five percent — around $75 million — over August 2019.

The GOEIC added that the Export Council for Printing, Packaging, Paper, Literary and Artistic Works, had seen the largest increase over last August’s figure, exporting $68 million worth of goods over $45 million in August 2019, an increase of 51 percent.

The Export Council for Medical Industries saw an increase of 33 percent over last August’s $30 million figure, while the Export Council for Handicrafts exported products worth $16 million in August as opposed to $14 million last August.

The Chemical and Fertilizers Export Council saw an increase of 11 percent in August over August 2019, and the Engineering Export Council had an eight-percent increase.

The Food Export Council, Furniture Export Council and Textile Export Council also improved their August 2019 figures.

Last month also saw $190 million worth of exports for 20 food commodities, according to the GOEIC. Cheese was the top-seller, followed by wheat flour and cane sugar.

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