The Chemical Industries Export Council, headed by Chairperson Khaled Abul Makarem, has announced that Egypt’s chemicals and fertilisers exports during the first ten months (10M) of 2020 amounted to about $4.165bn.
During a meeting held on Thursday evening, the council reviewed a report by the General Authority for Export and Import Control which revealed a 4% decline in growth of total Egyptian exports during the period from January to October 2020.
The report noted that the volume of Egyptian exports of these products reached $21.558bn,a compared to about $22.4bn during the same period of the previous year.
The report added that Egypt’s chemical industry exports recorded a decline of 11% during 10M of 2020, where it decreased to $4.163bn compared to about $4.673bn last year.
Abul Makarem said that plastic and rubber products ranked as the foremost exported items from Egypt, with exports amounting to $1.478bn, whilst fertilisers came in second place, with exports amounting to $1.147bn. Carton and paper products ranked in third place among Egyptian exports, with exports amounting to $408.65m.
Turkey came first in the list of countries that received Egyptian exports of chemical industries, with the volume of these exports reaching about $607.68m. India jumped to second place with total imports from Egypt worth $270m, followed by Italy with $224m.