The Engineering Export Council of Egypt announced that the exports of engineering industries increased by 25.4% in January 2024, reaching $348m, compared to $277.7m in January 2023. Meanwhile, the exports of electrical and electronic industries increased by 3.2%, and the exports of means of transportation surged by 252.8%. The council also reported that the most important markets for engineering exports in January 2024 were in Europe, Asia, and Africa, as well as other markets such as the USA. She also said that exports to Germany increased to $10m in January 2024, compared to $9m in January 2023, an increase of 13%. She also said that exports to Libya increased to $12m in January 2024, compared to $4m in January 2023, an increase of 243%.

Source: Daily News Egypt March 04, 2024 22:53 UTC