Egypt’s exports of building materials post $ 1.5 bn during Q1

Egypt’s exports of building materials, refractory and metallurgy industries post $1.5 billion during the first quarter of 2020, recording an increase of 32.8 percent, compared with $1.15 billion  a year earlier.

According to the monthly report of Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM), the country’s exports of building materials, refractory and metallurgy industries recorded 501 million dollars in March.

Ten countries account for almost 75.4 percent of the exports with a values of 1.15 billion dollars, according to the report.

Egypt’s exports of building materials to the UAE increased during the first three months of 2020 by 64 percent to reach 567 million dollars.