Bishara added that America is the largest market for imports from Egypt, with a value of $106 million in January 2024, compared to $90 million in January 2023, a growth rate of 18%
Egypt's clothing sector exports increased by 35% during January 2024, to record $259 million, compared to $192 million in January 2023, according to a statement by Marie Bishara, President of the Readymade of the Garment Export Council.
Bishara added that America is the largest market for imports from Egypt, with a value of $106 million in January 2024, compared to $90 million in January 2023, a growth rate of 18%.
Additionally, the sector’s exports to European countries achieved a jump of 42% in January 2024, to record $54 million, compared to $38 million in January 2023.
Turkey received products worth $24 million during January 2024, compared to $15 million in January 2023, an increase of 62%.
Furthermore, exports to Spain reached $12 million, compared to $9 million, an increase of 35%. Exports to Germany increased to record $10 million, compared to $9 million, an increase of 13%.
The sector's exports to Arab countries also witnessed an increase of 54%, to record $57 million in January 2024, compared to $37 million in January 2023, the president of the council disclosed.
The UAE came as the largest Arab country importing from Egypt, with a value of $23 million, compared to $21 million, an increase of 6%.
Followed by exports to Libya also rose to record $12 million, compared to $4 million, an increase of 243%.
