Egypt?s RMG exports up 12%
The Ready-Made Garments Export Council (RMGEC) announced recently that exports of the sector increased by 12 per cent during the first five months of the current year to reach $645 million, compared with $575 million during the same period in 2017.
The Ready-Made Garments Export Council (RMGEC) announced recently that exports of the sector increased by 12 per cent during the first five months of the current year to reach $645 million, compared with $575 million during the same period in 2017.
In its monthly report, the council said that the exports of the sector to the US made an increase of 12 per cen from January to May of 2018, recording $310 million against $276 million during the same period in 2017. With an increase of 16 per cen, Egypt’s exports to Europe registered $219 million, compared with $189 million in 2017.
Egypt’s garment exports to African countries were notably up in the first five months of 2018 to reach $1.253 million, against $855,000 during the same period in 2017. As for garment exports to Arab countries, they dropped by 16 per cent, recording $30 million in 2018, compared to $35 million in 2017.
The report added that the top countries interested in the Egyptian garment exports are the US, Turkey, Spain, Britain, North Ireland, Germany, Italy, France, Saudi Arabia, Belgium and the Netherlands.
