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Egypt's garment exports worth $645 mn in Jan-May
03
Jul '18
Egypt’s garment exports rose by 12 per cent during January-May to reach $645 million against $575 million during the same period last year, the Readymade Garments Export Council (RMGEC) said in its monthly report. Exports to the United States also rose by 12 per cent in the same period, recording $310 million, against $276 million in the corresponding period in 2017.

The country’s garments exports to Europe during the period was $219 million against $189 million in 2017 — an increase of 16 per cent. For African countries, it was $1.253 million against $855,000 during the same period last year, according to a report in an Egyptian daily.

Garment exports to Arab countries in that period dropped by 16 per cent to $30 million, compared to $35 million last year.

The top countries interested in Egyptian garment exports are the United States, Turkey, Spain, Britain, North Ireland, Germany, Italy, France, Saudi Arabia, Belgium and the Netherlands. (DS)

Fibre2Fashion News Desk – India


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