Egypt’s total exports increased by 48 per cent in 2021, this was helped by a rise in exports of fuels followed by exports of raw cotton. Egypt’s exports of made-up garments also saw a notable increase. Packaged clothing exports were on the list of the most important Egyptian exports of finished goods and these increased by about 45 per cent.

Egypt is planning to double its garment exports. The plan is to increase annual exports by eight per cent to 15 percent. An initiative will be launched to bankroll big and middle-sized industries with a five percent interest rate, in the hope that this would help secure finances needed by the clothes sector.

Egypt’s textile exports increased by 28 per cent during the first nine months of 2021. Exports of fabrics were up 17 per cent. The higher exports were driven by the gradual easing of restrictions in markets and the high vaccination rates across the world.

Egypt wants to have stronger trade relations with Africa. Steps include taking part in international exhibitions in the African continent and setting up an Egyptian-African free trade zone.The main countries Egypt is interested in are Kenya, Zambia and Ivory Coast.