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Egyptian Exports

Egyptian non-oil exports up 27.1% in 2021

As the largest importer of non-oil commodities from Egypt, the US imported a total of 8.6% of Egypt’s exports worth $665.1 million in Q3 2021

Egyptian engineering exports expected to rise 20% in 2022 | EEC Head

El-Sayed expects higher climbs of around 40-50%, if some factors are taken into consideration

Egypt’s export subsidies initiative opens for new submissions on Jan 30

Implemented in collaboration with the banking system and participating banks, the initiative allows instant and cash repayment of the entirety of export companies’ arrears from the Export Development Fund at a discount of 15%

Egypt’s trade balance deficit fell 12.5% in October 2021 | CAPMAS

The agency’s previous report noted that the country’s trade balance deficit fell 22.5% in September 2021

Egypt’s PMI hits 49.0 in the last month of 2021 with reduced price pressures

This marks June’s 49.9 as the highest recording on the PMI for 2021