Egypt’s textile exports hit $522m in 6M

Cairo – Mubasher: Egypt’s textile exports increased by 9% year-on-year in the first six months of 2018, recording $522 million, the Egyptian Textile Export Council (ETEC) stated on Tuesday.

The increase in the country’s textile exports reached its peak during June, registering 33%, the ETEC added.

The textile sector account for 3% of Egypt’s gross domestic product (GDP) and the value of textile exports amounts to $2.6 billion annually or 15% of the North Africa country’s non-oil exports.

Mubasher Contribution Time: 04-Sep-2018 16:00 (GMT)
Mubasher Last Update Time: 04-Sep-2018 16:00 (GMT)