Egypt’s merchandize exports up 5.3% YoY in Q1 2024

Updated 4/16/2024 10:49:00 AM
Egypt’s merchandize exports up 5.3% YoY in Q1 2024

Arab Finance: Egypt’s merchandize exports rose by 5.3% year on year (YoY) to $9.612 billion in the first quarter (Q1) of 2024, compared to $9.129 billion, Ministry of Trade and Industry stated on April 15th.

Türkiye topped the list of importers of Egyptian merchandize exports during Q1 of 2024, with $874 million, followed by Saudi Arabia and the UAE with imports worth $792 million and $586 million, respectively.

Building materials came on top of Egypt’s exports over the January-March period, valuing at $1.958 billion, followed by food industries at $1.546 billion and chemicals and fertilizers at 1.445 billion.

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