https://arab.news/rju3q
- The total exports of the garment sector reached $1.7 billion, up from $1.3 billion in the same period of 2020, the head of the Egyptian Ready-made Garments Export Council, Mary Lewis, stated.
Egypt’s garment exports rose by 38 percent during the period from January to November 2021.
The total exports of the garment sector reached $1.7 billion, up from $1.3 billion in the same period of 2020, the head of the Egyptian Ready-made Garments Export Council, Mary Lewis, stated.
The US topped the list of countries that imported the most garments from Egypt during that period. Volumes increased by 44 percent to $1 billion up from $726 million in the same period last year, Lewis added.
Garment exports to Europe also rose 3 percent to record $320 million in 2021, compared to $310 million in the same period of 2020.
Exports to Arab countries increased by 128 percent to $235 million, compared to $83 million in the 11 months period of the previous year.
The rise came amid the council’s continued efforts to overcome obstacles facing ready-made garments, Lewis said.
Lewis stressed that Egypt has a clear interest in the industry, and is taking decisions to support investors based on labor-intensive industrial projects in the ready-made garment sector.