Egypt’s exports of building materials, refractory, and metallurgy industries fell by 16 percent to $450 million in January, compared to $535 million in the same month a year earlier.
The country’s exports of ceramics plummeted by 64%, while exports of jewels and precious stones declined by 45% and metallurgy industries by 12%, according to the monthly report of the Export Council for Building Materials, Refractory, and Metallurgy Industries (ECBM) on Saturday.
Meanwhile, exports of cement surged by 61%, aluminium by 40%, and iron and steel by 30%, the report showed.
The UAE was the largest market destination of Egypt’s exports of building materials, refractory, and metallurgy industries with a value of $107 million in January, down by 51% from $219 million in the corresponding month a year earlier.
Exports of building materials, refractory, and metallurgy industries to Turkey registered $16 million.
Sudan, Spain, Italy, and Saudi Arabia imported building materials, refractory, and metallurgy industries worth $16 million, $21 million, $44 million, and $24 million, respectively, from the most populous Arab nation.
