Egypt’s Chemical and Fertilizers Export Council has reported that the sector’s exports during the first four months (4M) of 2021, covering the period from January to April, amounted to $1,95bn.
This reflected a growth rate of 30% compared to the same period in 2020, which saw growth amounting to $1,496bn.
Khaled Abu Al-Makarem, Chairperson of the Chemical and Fertilizers Export Council, said that there was a growth in exports performance of most commodity items in the sector during 4M of 2021.
Exports of plastics and plastic products achieved an 80% growth rate compared to the same period in 2020. Additionally, organic chemical products achieved growth of 62% during 4M of 2021, compared to the same period of 2020.
Meanwhile, growth also took place for: inorganic chemicals with a rate of 47%; inks and paints with a rate of 36%; dry cells and batteries with a rate of 92%; adhesives with a rate of 47%; glass products with a rate of 5%; and fertiliser products with a rate of 1%.
With regard to the 10 most important importing markets for chemical industry products in 4M of 2021; in order of importTurkey, which maintained its leadership position, with a value of $354m and a growth rate of 31% over the same period in 2020; followed by Italy with a value of $140m, with a growth rate of 17%; then US, with imports valued at $105m, and a growth rate of 13%.
Brazil has came fourtyh with a value of $100m, with a growth rate of 204%, then France with $94m, and a growth rate of 8%.
This was followed by Belgium with $67m, with a growth rate of 89%; Greece with $67m and a growth rate of 97%; Saudi Arabia with $65m with a growth rate of 12%; Spain with $64m with a growth rate of 2%; and Sudan with $52m with a growth rate of 15 %
