Egypt’s exports to Turkey grew by 179 percent recording $480.5 million in January 2022 compared to $172.2 million in January 2022, with the value of the increase being $308.2 million according to The Central Agency for Public Mobilization and Statistics (CAPMAS)..
Fuel, mineral oils, and distillate products come on top of the list as their export value spiked by 77,389.8% to hit $315.3 million instead of $407,000, with a rise worth $314.9 million
Plastics come next with $44.2 million up from $33.6 million, as the size of the increase is $10.5 million, which is 31.5 percent. The third and fourth places are occupied by chemical non-biological products, and bio-chemical products.
The value of chemical non-biological products reached $13.6 million instead of $8.6 million, rising by 58.2 percent, which is $5 million. As for bio-chemical products, they grew by 3.4 percent to amount to $12.4 million instead of $12 million with an increase of $411,000
Nevertheless, exports of electric devices, equipment, and spare parts dropped by 14.2 percent to become $16.1 million down from $18.8 million, with a decrease of $2.6 million.
Egypt’s total exports hit $3.9 billion in January 2022 up from $2.9 billion in January 2021 with a spike of 34.5 percent.
