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Egypt’s exports of ready-made garments jump 17% in Q1

Egypt’s exports of ready-made clothes jumped 17 percent in the first quarter (Q1) of 2018, recording $385 million (LE 6.77 billion), compared to $330 million during the same period of 2017, the Ready Made Garments Export Council revealed.

The United States of America allocated 48 percent of Egypt’s ready-made garments exports in Q1, recording $185 million, compared to $160 million in the same period of 2017, with a 16 percent increase.

On a monthly basis, the exports in January 2018 increased to $129 million, compared to $104 million in the first month of 2017.

The exports in February climbed 21 percent to reach $133 million, compared to $110 million. Furthermore, they recorded $123 million in March, compared to $116 million in the same month of the previous year.

Source: Egypt Today

From the Egytex news archive, first published on 8 May 2018. Figures and names are as reported at the time.

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