FINANCIAL NEWS

Egypt’s rubber exports decline by 29 percent

25 Jun 2016

(MENAFN) Egypt’s exports of rubber dropped by 29 percent to USD16.5mn in Jan-March period of this year against USD23.08mn of 2015.

Accordingly, almost 10 companies captured 99.2 percent of whole volume of the country’s rubber exports with exports value USD16.36mn.

Meanwhile, exports of Samaya Electronics Egypt reached almost USD103.54mn among the cited quarter of 2016.

In addition, Turkey was the main importer of Egyptian rubber products with imports value USD3.98mn.

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