Exports
Egypt QIZ exports to the US reach record of 1 Billion USD
In 2018, Egypt’s QIZ exports to the US hit a record $1B, up 13%. Apparel drove 83% of total trade, with manmade fibers taking a 50% share. Though Egypt holds just 1% of the US knit market, its duty-free access and global trade tensions offer massive growth if it fixes reliance on imported fabrics.