ICEC

Egypt’s ready-made garments exports increase 6 % in 8 months

Egypt’s exports of ready-made garments increased by 6 percent during the first eight months of 2018 to hit $1.040 million, compared with $980 million in the same period of last year.

The Readymade Garments Export Council of Egypt monthly report showed that US has captured 49 percent of the ready-made garments Egyptian exports recording $515 million with an increase of 6 percent compared to $484 million a year earlier.

Moreover, readymade garments Exports to the European countries increased by 9% to reach a value of $ 353 million, compared to $ 324 million, while recorded an increase of about 14% to the rest of the world to reach $ 131 million, compared to $ 115 million in the same period last year.

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