FINANCIAL NEWS

Egypt’s exports up 0.15 percent in 2014

13 Jan 2015

(MENAFN) Egypt’s total exports for 2014 registered an increase by 0.15 percent increase compared to last year to reach USD3.08 billion, though it remained under the government’s target of USD3.48 billion, Saudi Gazette reported.

The government however said that it has surpassed its set targets for medical industry products, agricultural products and readymade garments.

The Trade Ministry also said that the total exports of Egypt during December 2014 reached USD1.83 billion, while its exports declined by 3.75 percent compared to the previous month.

Top exports during the current year were raw materials and finished products namely batteries, plastics and fertilizers, while Saudi Arabia was the largest importer in December, followed by Turkey, the United States and Italy.

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