Egypt's clothing exports between January and July this year were worth $1.55 billion—a 20-per cent year-on-year (YoY) rise, Marie Louis, president of the Readymade Garment Export Council (RMGEC) recently said.

In July alone, such exports surged by nearly 37 per cent YoY to $268 million from $195 million in July 2023.

Such exports to European countries during the seven-month period rose by 29 per cent YoY to $363 million compared to $281 million in the year-ago period.

Such exports to the United States also saw substantial growth, with a 12 per cent YoY increase to $661 million in the first seven months of 2024, up from $588 million in 2023.

Such exports to Arab countries during the period totalled $291 million—a 31-per cent YoY growth from $223 million in 2023, according to domestic media outlets.

Clothing exports to African countries excluding Arab nations skyrocketed by an impressive 208 per cent YoY, reaching $4.6 million compared to $1.5 million in 2023.

Exports to Saudi Arabia in the period saw a 77-per cent increase to $93 million from $52 million in the year-ago period.

By Fibre2Fashion
https://www.fibre2fashion.com/news/international-textiles-trade-news/egypt-s-clothing-exports-up-20-yoy-to-1-55-bn-in-jan-jul-2024-297759-newsdetails.htm