Egypt’s engineering exports grow 32% YoY in 4 months

Updated 5/27/2024 2:26:00 PM
Egypt’s engineering exports grow 32% YoY in 4 months

Arab Finance: Egypt’s engineering exports rose 32.3% year on year (YoY) in the first four months of 2024, hitting $1.67 billion, Asharq Business reported, citing the Engineering Export Council of Egypt’s Head Sherif El Sayad.

The increase in the engineering exports was backed by a 50.3% YoY leap in the country’s exports in April, El Sayad noted.

Exports of cables, car parts, and home appliances grew by 36.3%, 51.3%, and 18.2%, respectively, in the four-month period, he added.

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