Egypt

Food & Beverages

31-05-2021

Egypt’s non-oil exports jump 11% in the first four months of 2021

Egypt

The engineering sector drove Egypt’s non-oil exports up by 11 percent in the first four months of 2021 compared to a year earlier, Asharq Business reported, citing official data. The engineering category includes metal works, electrical and electronic devices and transportation. The value of Egyptian non-oil exports amounted to $9.8 billion compared to about $8.8 billion during the same period in 2020, according to a statement from the Ministry of Trade and Industry.

 

Engineering sector exports jumped by almost half to $969 million compared to $655 million a year earlier. The data showed a 5 percent increase in imports during the same period to $23.1 billion, compared to about $21.9 billion during the same period last year.