World Courant
The Egyptian Council for the Export of Technical Merchandise has introduced a major 27.3 % improve within the sector’s exports from January to August, reaching a historic excessive of $3.494 billion.
The council’s month-to-month report confirmed that exports of engineering merchandise rose 12.1 % in August in comparison with the identical month in 2023. This August, the quantity amounted to $443.6 million, in comparison with $395.8 million in August 2023.
The Engineering Export Council highlighted a lot of sectors that noticed export development within the first eight months of 2024, together with:
Transport: 118.1 % development Cables: 33.1 % development Auto elements: 26 % development Electrical and digital business: 9.1 % development Family home equipment: 7.9 % development Electrical home equipment: 6.9 % development
The council additionally revealed that exports to a number of nations elevated over the identical interval, together with European nations equivalent to the UK, Turkey, France, Germany, Georgia, Italy, Czech Republic, Spain, Eire and Slovenia, in addition to Asian nations equivalent to Saudi Arabia, the UAE, Iraq, Lebanon, Azerbaijan, Hong Kong and Qatar.
As well as, exports to African nations equivalent to Libya, Morocco, Tunisia, Kenya, Ghana, Nigeria, Angola and Uganda additionally grew.
Egypt units new report in exports of engineering items
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