Egypt’s exports rise 4.1 % to $30.5bn in 2019

Egypt’s exports increased by 4.1 percent  year-on-year (YoY) to $30.5 billion during 2019 from $29.3 billion a year earlier, according to data by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The country’s non-oil exports amounted to $25.5 billion last year, up by 3.9 percent from $24.6 billion in 2018, the CAPMAS said.

In addition, the oil and electricity exports also grew by 5.3percent YoY to $5 billion in 2019, compared to $4.7 billion.

Fuel exports grew to $7.45 billion in 2019 from $6.67 billion in 2018, while exports of ready-made garments increased to $1.7 billion last year from $1.6 billion a year earlier.

The US topped Egypt’s importers with a value of $2.2 billion, up by 28.1 percent YoY from $28.1 billion.

The UAE came in the second position with $2.1 billion, followed by Turkey with $1.7 billion and Saudi Arabia with $1.7 billion.