Saudi Arabia tops list of furniture importers from Egypt

Saudi Arabia is the biggest furniture importer in Egypt as it imported furniture worth $57 million from January to September, the Furniture Export Council said Tuesday.

Chairman of the council Ehab Deryas said in a statement that Saudi Arabia is followed by United Arab Emirates at $39 million, Iraq at $33 million, Sudan at $25 million then Jordan at $20 million.

Egypt’s furniture exports declined 10 percent between January and September 2017 to $244.2 million, compared with $272 million in the same period last year.

Egypt’s trade balance deficit dropped $12.23 billion (37 percent) in the first eight months of 2017 to $20.1 billion, compared with $32.4 billion in the same period in 2016, according to Minister of Industry and Foreign Trade Tarek Qabil. Source: Egypt today