Egypt exports to US increase by 17.5% in 2017 - News Summed Up

Egypt exports to US increase by 17.5% in 2017


He pointed out that non-oil exports accounted for about 90 percent of the total Egyptian exports to the US. The TIFA will contribute to a breakthrough in the level of economic relations between Egypt and the United States soon, said Qabil. Egyptian exports under the Generalized System of Preferences (GSP) increased by 18.3 percent, reaching US$81.2 million between January and November 2017, compared to US$68.6 million between January and November of 2016. QIZ exports also rose by 2 percent to US$697 million, compared to US$683 million in the same period in 2016. Egyptian exports, which witnessed an increase during the first 11 months of 2017, include textiles and ready-made garments worth US$832 million, iron and steel worth US$95.5 million, fertilizers worth US$79.4 million, salt and sulfur worth US$34.6 million, paper and cardboard worth US$30.4 million, according to Antar.


Source: Egypt Independent January 24, 2018 14:26 UTC



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