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Egyptian exports to African countries declined in first quarter of current year

Related Keywords: between Egypt and other African countries, COMESA countries, declined, difficulty in transport, Egyptian export markets, Egyptian exports of textiles and clothing, Egyptian small textile factories, higher freigh rates, political tension, Textile Export Council, Trade balance

During the first quarter of the current year, the trade balance due to the political tensions and difficulties in transport because of higher freight rates has decreased between Egypt and other African countries, according to former head of the Textile Export Council Magdi Tolba.

The Egyptian exports of textiles and clothing in Africa are not large, having reached less than 5% of the total Egyptian clothing exports.

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