The Egyptian Engineering Export Council has announced a significant 27.3 percent increase in the sector’s exports from January to August, reaching a historic high of $3.494 billion.
The council’s monthly report indicated that engineering exports in August saw a 12.1 percent increase compared to the same month in 2023, reaching $443.6 million this August, up from $395.8 million in August 2023.
The Engineering Export Council highlighted several sectors that experienced growth in exports during the first eight months of 2024, including:
- Transportation: 118.1 percent growth
- Cables: 33.1 percent growth
- Automotive components: 26 percent growth
- Electrical and electronic industries: 9.1 percent growth
- Home appliances: 7.9 percent growth
- Electrical appliances: 6.9 percent growth
The council also revealed that exports to several countries increased during the same period, including European nations such as the UK, Turkey, France, Germa
Additionally, exports to African countries including Libya, Morocco, Tunisia, Kenya
