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Egypt’s hometex exports up 4.8% in 2017

Jan 03, 2018
Egypt’s hometex exports up 4.8% in 2017

Exports of home textiles from Egypt increased 4.8 per cent year-on-year in January-November 2017. Exports during the eleven-month period were valued at $664 million, as against $443 million registered in the same period last year, according to the Egyptian Home Textiles Export Council (HTEC), under the ministry of foreign trade and industry.

Around 40 companies, under the aegis of HTEC, are going to participate in the Heimtextil International Trade Fair for home textiles, to be held in Frankfurt, Germany from January 9-12, 2018. Some Egyptian companies are also going to participate in the Carpet Domotex International exhibition, scheduled for January 13-17, 2018, in another German town of Hanover.

Meanwhile, exports by Egypt’s Textile Export Council increased by 3 per cent between January and October this year, standing at $673 million compared to $651 million during the same period a year before, according to official statistics.