Wednesday 01 May
Engineer Ahmed Samir, Minister of Trade and Industry, announced that Egypt's commodity exports reached $9.612 billion during the first quarter of the current year, compared to $9.129 billion during the same period in 2023, an increase of 5.3%.
This came through in the context of the latest report received by
the minister from the General Organization for Export and Import Control on the
indicators of Egyptian commodity exports during the first quarter of 2024.
The report included the largest future markets for Egyptian commodity exports during the first quarter of the current year, which included Turkey with a value of $874 million, Saudi Arabia with a value of $792 million, the United Arab Emirates with a value of $586 million, Italy with a value of $544 million, and the United States with a value of $471 million.
The report also reviewed the most important export sectors that formed the structure of Egyptian commodity exports during the first quarter of the current year, which included construction materials with a value of $1.958 billion, food industries with a value of $1.546 billion, chemical products and fertilizers with a value of $1.445 billion, and agricultural products with a value of $1.444 billion and engineering and electronic goods with a value of $1.272 billion, ready-made clothes with a value of $673 million, yarn and textiles with a value of $273 million, printing and packaging products, paper, books and artistic works with a value of $244 million, medical industries with a value of $156 million, furniture with a value of $141 million, furniture with a value of $67 million, handicrafts with a value of $52 million, leather, shoes and leather products with a value of $34 million.
The report highlighted the most prominent export items that achieved an increase in the structure of Egyptian commodity exports during the first quarter of 2024, which included fresh and dried citrus fruits with a value of $625 million, nitrogen fertilizers with a value of $421 million, insulated wires and cables with a value of $339 million, petroleum oils with a value of $317 million, and gold with a value of $303 million.
