Egypt's exports of ready-made garments hit $1.44B in seven months
The Ready-made Garments Export Council of Egypt (RMGEC) said the sector’s exports hit $1.44 billion in the period from January to July 2022, marking a 35 percent rise in comparison with the same period in 2021. In a statement Monday, the council said the US led the importing countries from Egypt in terms of ready-made garments, as its imports rose to $820 million in the first seven months in 2022 against $595 million in the same period 2021.
Egyptian ready-made garments exports to Europe also increased by 26 percent to hit $266 million in the above mentioned period, compared to $212 million in the same period last year. Exports to Arab countries increased to 33 percent, reaching $195 million in the seven months, against $146 million in the same period last year. The council noted that it will take part in the United Nations Climate Change Conference (COP27) - which will be held in Egypt in November - in order to review the latest achievements in the clothes and textiles sector in the field of recycling and turning the industry's waste into a chance for contributing to sustainable economic growth.