The Egyptian Minister of Trade and Industry, Nevin Gamea, revealed that the Egyptian non-oil exports achieved a tangible increase by 19 percent during the first 5 months of 2021, reaching 12 billion and 323 million dollars, compared to about 10 billion and 375 million dollars during the same period of the past year 2020, and a difference of one billion and 948 million dollars.
She also pointed out that "the increase in Egyptian exports came thanks to the great efforts made by the government to support the production and export sectors during the Coronavirus pandemic crisis, which contributed to the continued spin of the production wheel and the preservation of export markets."
Gamea affirmed that "the economic reform program adopted by the government is a mainstay in achieving positive growth rates, especially in productive projects, whose effects are positively reflected on increasing export rates and providing new job opportunities."
She added: "The Egyptian exports witnessed a significant increase during last May by 50 percent, reaching $2.288 billion, compared to $1.522 billion during May of the year 2020, by a difference of $765 million. As for imports, they also witnessed a slight increase by 10%, amounting to 29 billion and 161 million dollars, compared to 26 billion and 422 million dollars during the same period in 2020, a difference of 2 billion and 739 million dollars.
Source (Asharq AL-awsat Newspaper, Edited)
