Egypt’s industrial exports up 2% in Feb.

Cairo – Mubasher: Egyptian industrial exports increased by 2.3% in February 2016, a Sunday statement from the Ministry of Industry & Foreign Trade indicated.

Exports stood at $1.52 billion, up from $1.48 billion registered in the year-ago period, the trade minister said.

This upturn was led by the building materials sector with $275 million, followed by the agricultural sector as well as chemical & fertilizers exports with $235 million and $225 million respectively.

The food industries sector came fourth with $214 million, followed by engineering industries, handicrafts, and ready-made garments with $180 million, $105 million, and $93 million in a row.

The minister attributed this progress to the ministry’s efforts in mitigating export losses and in promoting Egyptian products abroad. 

Mubasher Contribution Time: 13-Mar-2016 12:48 (GMT)