Egypt's RMG exports up 27% in March; US top buyer
3-5-2025
EGYPT'S RMG EXPORTS UP 27% IN MARCH; US TOP BUYER
Egypt’s readymade garments (RMG) exports rose by 27 per cent year on year (YoY) to $262 million in March this year, according to the Apparel Export Council of Egypt, which aims at doubling exports by 2031 to $12 billion by expanding to African and Asian markets, leveraging Egypt’s trade agreements, enhancing value-added production and modernising manufacturing lines.
The council has raised its annual export target to $3.8 billion, reflecting a minimum growth expectation of 35 per cent, according to domestic media reports.
February posted the highest growth rate, with exports jumping by 35 per cent YoY, while January saw a more modest YoY increase of 11 per cent.
The United States remained the leading importer of Egyptian garments in March, accounting for $102 million in exports. Europe was next, with $66 million, followed by Arab countries ($40 million), and other international markets ($53 million). Exports to African countries (excluding Arab nations) reached approximately $1.2 million.
The plan also includes launching two dedicated textile and garment cities in Fayoum and Minya.
By Fibre2Fashion
https://www.fibre2fashion.com/news/international-textiles-trade-news/egypt-s-rmg-exports-up-27-in-march-us-top-buyer-302371-newsdetails.htm
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