Egyptian ready-to-wear exports increase 38% in 11m 2021

Egyptian exports of clothing and ready-to-wear garments increased 38% from January to the end of November 2021, according to the director of the Egyptian Ready-to-Wear Clothing Export Council (RMGEC), Marie Louise.

Exports amounted to $ 1.7 billion, up from $ 1.3 billion in the same period of 2020.

Louise added that the United States of America led Egypt’s importing countries in the first 11 months of 2021, with a value of $ 1.04 billion in 11 months of 2021, up from $ 726 million. over the same period of 2020, an increase of 44%. In addition, exports to Europe increased by 3% to reach $ 320 million in 11 months of 2021, from $ 310 million in the same period last year, in addition, exports to the countries Arabs rose 128% to $ 235 million, from $ 83 million.

Louise explained that exports of t-shirts and polo shirts jumped 34% in the first 11 months, to $ 455 million, from $ 339 million, followed by sportswear, which rose 102%. at $ 24 million, compared to $ 12 million. Exports of pants also rose 179% to $ 49 million, from $ 18 million.

She noted that the leap in exports came with the continued efforts of the Council in various events, as well as direct communication with the state agencies concerned with the export case to overcome all the obstacles facing the exports of ready-to-wear clothing.

The Egyptian state is clearly keen to make decisions to support investors on the basis of labor-intensive industrial projects in the ready-to-wear sector, she concluded.

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