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Egypt’s furniture exports hit $170m in 8 months; Saudi Arabia tops importers

: Egypt recorded an 8% year-on-year (YoY) decline in the value of furniture exports to $170 million during January-August 2022, according to the Egyptian Furniture Export Council (EFEC).

Saudi Arabia advanced the countries importing furniture from the Arab Republic in the first eight months (8M) of 2022 with $60 million, higher than $51 million during the same period in the previous year.

Egypt’s furniture exports to the UAE plunged to $14 million in 8M-22, versus $22 in the year-ago period.

During the January-August 2022 period, Egypt exported furniture to Iraq, the US, and Sudan at a total value of $12 million each.

Libya, Oman, and Palestine imported Egyptian furniture in 8M-22 at a value of $8 million, $7 million, and $4 million, respectively.