Egypt’s medical exports increased by 14% to approximately $530m in the first half (1H) of 2023, compared to $467m in the same period last year, Chairperson of Egypt’s Export Council for Medical Industries (ECMI) Maged George announced on Saturday. George said that the Council seeks to increasemedical exports by 30% annually, in accordance with the Egyptian state’s plans to grow total exports to $100bn. George noted that the medical sector’s exports witnessed a great development during the past three years, achieving an increase of 200% compared to 2019 exports before the COVID-19 fallout, indicating that the growing demand for the sector’s products during COVID-19 clearly contributed to the increase in exports. He concluded: “The Export Council focuses on the African market and all markets in which we have a comparative advantage in the sector’s products in the coming period. Provided by SyndiGate Media Inc. (Syndigate.info).

Source: The North Africa Journal July 16, 2023 10:56 UTC