Egypt’s engineering exports have increased by 30% in the first quarter (Q1) of 2021, recording $739m compared to $567.3m in Q1 of 2020, according to the Engineering Export Council of Egypt (EECE).
The council said that the country’s engineering exports witnessed an increase of 65% in March 2021 compared to the same month in 2020. Exports reached $274m this month compared to $165m in March 2020.
Engineering exports also rose by 15% in the first nine months (9M) of fiscal year (FY) 2020/21, registering $2.078bn compared to $1.805bn in the same period of FY 2019/20.
The most important engineering products whose exports increased were: automotive components by 26%; cables by 29%; household appliances by 35.4%; electrical and electronic products by 16%; transportation by 46%; and tableware and kitchen by 45%.
Meanwhile, the most important countries receiving Egyptian engineering exports are: the United Kingdom; Turkey; France; Germany; Spain; Greece; Slovenia; Italy; the Czech Republic; Saudi Arabia; Iraq; Kuwait; Hong Kong; Jordan; Lebanon; Jordan; Yemen; Algeria; Morocco; Sudan; Kenya; Togo; Tunisia; Nigeria; and Ghana.
