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Egypt succeeds in confronting global Corona in the development sectors

Published Nov 8, 2021

Tridge summary

Egypt has seen a significant increase in the competitiveness of its products globally, leading to an 18.2% rise in exports in the 2020/2021 period, reaching $34.4 billion. The country has also managed to diversify its exports, with the top 5 importing countries being Saudi Arabia, the UAE, America, Turkey, and India. The report highlights the success of various national projects and international agreements in boosting exports, despite the challenges posed by the coronavirus pandemic. Notable increases in exports include glass products, food preparations, edible fruits, and vegetable and animal oils and waxes, with Saudi Arabia importing the highest volume of Egyptian exports.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The strategic axes adopted by the Egyptian state to develop exports have achieved great success in raising the competitiveness of the Egyptian product in global markets, after the expansion of national projects, whether industrial, agricultural or mining, where the benefit of all devices and entities concerned with production and export was maximized, and cooperation with companies was strengthened. The international community, as well as benefiting from the agreements signed between Egypt and a number of countries and regional and global economic blocs, as well as adopting a number of measures to support the export sector, which supported the country’s steady steps and efforts towards diversifying and increasing its exports, and its ability to face the repercussions of the global Corona pandemic. The Media Center of the Council of Ministers published a report that included infographics highlighting the achievement of Egyptian exports a historic leap thanks to the support of ...
Source: Amwalalghad
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