Egypt's Engineering exports record unprecedented high levels
Data from the Export Council for Engineering Industries revealed important numbers about Egyptian engineering exports during the first quarter of 2024.
The figures showed that the after Egyptian engineering exports recorded levels that are the highest in the history of Egyptian engineering exports.
In the below lines, et reviews details of the record:
1-The sector’s exports increased during the first quarter of 2024, reaching levels of $1.254 billion
2- $980.4 million in exports for the first quarter of 2023, recording an increase of 28%.
3- Exports achieved the largest increase in the history of the engineering industries sector.
4- Engineering exports record an unprecedented level in March 2024, with an increase of 28.2%.
5- Engineering exports achieved $459 million in March 2024, compared to $357.9 million in March 2023.
6- Cable exports achieved a growth rate of 48.5%.
7- Automotive components achieved an increase of 47.8%
8- Home appliance exports achieved 15.3%
9- The electrical and electronic industries registered uniforms were confiscated