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Egypt’s engineering industries exports grow by 30%

4 years ago
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Egypt’s engineering industries exports rose 30% during the first quarter (Q1) of 2021, Daily News cited the Engineering Export Council of Egypt (EECE).

Engineering exports stood at $739 million in Q1 2021, compared to $567.3 million in Q1 2020.

In March, the country’s engineering exports hiked 65%, recording $274 million, when compared to $165 million in the same period a year ago.

The most important engineering products whose exports increased were: automotive components by 26%; cables by 29%; household appliances by 35.4%; electrical and electronic products by 16%; transportation by 46%; and tableware and kitchen by 45%.

Meanwhile, the most important countries receiving Egyptian engineering exports are the United Kingdom, Turkey, France, Germany, Spain, Greece, Slovenia, Italy, the Czech Republic, Saudi Arabia, Iraq, Kuwait, Hong Kong, Jordan, Lebanon, Jordan, Yemen, Algeria, Morocco, Sudan, Kenya, Togo, Tunisia, Nigeria, and Ghana.

Source: arabfinance
Via: norvanreports
Tags: Egypt’s engineering industries exportsEngineering Export Council of Egypt (EECE).
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