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Thursday, 21 April 2022 14:06

Egypt garment exports grow 54% in January 2022: Apparel Export Council

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From $132 million in January 2021, Egypt’s garment exports increased 54 per cent to $204 million in January 2022, says Marie Louise, Head, Apparel Export Council. As per a Textile Focus report, the US emerged top export destination for Egypt during the year with exports worth $123 million in January 2022, compared to $78 million in January 2021. It was followed by European markets, whose imports from Egypt increased $37 million from $28 million in January 2021.

Egyptian garment imports by Arab nations grew 63 per cent to $25 million during the year while imports by non-Arab African countries declined 66 per cent to $109,000. Egypt exported 58 per cent more garments to other countries totaling $19 million from last year. The Russia-Ukraine war has encouraged the country to explore new markets inn collaboration with Egyptian Commercial Service (ECS) offices in all nearby countries; especially the Arab countries.