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On the other hand, Egyptian imports from the United States also fell by 22.7% to USD 5.4 billion with grains, oil and medicinal plants topping the list. Yet, their value dropped by 66.4 per cent to record USD 800 million.
The Central Agency for Public Mobilization and Statistics, Egypt released a report recently indicating that Egyptian exports to the United States grew by 34.5 percent in the first quarter of 2024, recording USD 585.8 million, compared to last year.
Garments topped the list with USD 168.9 million achieving a 9.2-percent growth. Yet, the growth occurred the most in the exports of fruits and vegetables hitting USD 23.4 million with a 26.1-percent growth. Further, exports of steel, iron, and carpets increased by 18.4 per cent to record USD 59.6 million and USD 29.7 million, respectively.
In 2023, Egyptian exports to the United States declined by 15.5 percent recording USD 1.9 billion down from USD 2.3 billion in 2022. The top exports were also garments with USD 1 billion dropping by 21.7 percent.
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On the other hand, Egyptian imports from the United States also fell by 22.7% to USD 5.4 billion with grains, oil and medicinal plants topping the list. Yet, their value dropped by 66.4 per cent to a record of USD 800 million.
