Egypt’s non-oil exports record $14.26 bln so far

Egypt’s non-oil exports amounted to roughly $16 billion during the first eight months of 2020, compared to $16.752 billion during the same period last year, a decline of 4.7 percent, according to General Organization for Export and Import Control (GOEIC) announced

The GOEIC said that Egypt’s non-oil exports during August were $1.741 billion, an increase of five percent — around $75 million — over August 2019.

The GOEIC added that the Export Council for Printing, Packaging, Paper, Literary and Artistic Works, had seen the largest increase over last August’s figure, exporting $68 million worth of goods over $45 million in August 2019, an increase of 51 percent.

The Export Council for Medical Industries saw an increase of 33 percent over last August’s $30 million figure, while the Export Council for Handicrafts exported products worth $16 million in August as opposed to $14 million last August.

The Chemical and Fertilizers Export Council saw an increase of 11 percent in August over August 2019, and the Engineering Export Council had an eight-percent increase.

The Food Export Council, Furniture Export Council and Textile Export Council also improved their August 2019 figures.

Last month also saw $190 million worth of exports for 20 food commodities, according to the GOEIC. Cheese was the top-seller, followed by wheat flour and cane sugar.