The volume of Egyptian exports was noted as $21.558 billion, compared to the estimated $22.4bn during the same period in 2019
The Chemical Industries Export Council announced that Egypt’s chemicals and fertilizer exports reached around $4.165 billion during the first ten months of 2020.
The council reviewed a General Authority for Export and Import Control report, stating a 4 percent decrease in Egyptian export growth in the period of January to October 2020.
The volume of Egyptian exports was noted as $21.558 billion, compared to the estimated $22.4bn during the same period in 2019 according to the report.
It also mentioned that chemical industry exports also saw a decline, dropping 11 percent during the first ten months of the year. Exports decreased to $4.163bn compared to about $4.673bn last year.
Chairperson Khaled Abul Makarem of the Chemical Industries Export Council stated that the top exported items from Egypt were plastic and rubber products, recorded at $1.478 billion.
In second place were fertilizer exports at $1.147 billion, with paper and cardboard products in third place at $408.65 million.
The plastic product sector secured 33 percent of Egypt’s total chemical and fertilizer industry exports, stated an infographic released by the Ministry of Trade and Industry in November. Exports of fertilizer products were up by 2.7 percent, recording US 1.14 billion compared with US 1.1 billion, the ministry added.