The monthly report of the Engineering Export Council of Egypt (EEC) revealed that engineering exports increased in the first 7 months of 2023 compared to the same period in 2022 by 10%, reaching $2.492bn in 2023 until July, compared to $2.271bn in the same period a year earlier. Egyptian Engineering exports witnessed an increase in July 2023 compared to the same month in 2022, by 14%, reaching $331m in July 2023, compared to $290m in July 2022, the EEC indicated. Moreover, the most important countries to which Egyptian engineering exports increased in the same period are Europe namely Turkey, France, Netherlands, Hungary, Germany and the Czech Republic. In Africa, exports increased to Algeria, Libya, Sudan Côte d’Ivoire, Tanzania and Mauritius. In other continents, Egyptian engineering exports to Brazil also witnessed a boost.

Source: Daily News Egypt August 25, 2023 01:41 UTC