This uptick in exports, compared to $1.264 billion in the same period last year, is within the government’s goals to bolster its exports in the next 3 years
According to the EECE, Egypt’s transportation exports marked an increase of 116.3%, machinery and equipment exports surged by 67%, and metal forming exports by 62.7%
Several key producers of steel increased their prices this year, according to the Cairo Chamber of Commerce's Building Materials Division in an earlier release
The EEC explained in its report that engineering exports climbed 14% in value to hit $331 million
Annually, Egypt’s engineering exports grew by around 10% to reach $3.879 billion in 2022 from $3.497 billion in 2021, the trade minister highlighted in an official statement after the event
