Egypt's garment exports rise 15% to $1.15bn early in 2026

Egypt’s ready-made garments exports grew 15% to about $1.15 billion in the first four months of 2026 compared with the same period last year.

The Apparel Export Council of Egypt reported the increase from $1.002 billion in January to April 2025. April saw the strongest monthly result, with shipments jumping 33% year-on-year to $287 million. The United States remained the top destination, taking $429 million worth of Egyptian garments, up 13%. European markets as a group accounted for 44.6% of exports, rising 29% to $512 million. Fadel Marzouk, chairperson of the council, said the performance shows growing competitiveness. He projected full-year exports would reach around $4.4 billion, the highest level on record, and noted plans to expand into new markets while improving local supply chains.

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Photorealistic depiction of South Korea's Busan port with cargo ships carrying semiconductors, overlaid graphs showing record $86.13 billion exports.
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South Korea's March exports hit $86.13 billion, all-time high

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South Korea's exports reached $86.13 billion in March, breaching the $80 billion mark for the first time ever. According to data from the Ministry of Trade, Industry and Resources, this represents a 48.3 percent increase from a year earlier. Record semiconductor shipments drove the surge.

Egypt’s ready-made garments sector recorded an 11% year-on-year export rise in January 2026, reaching $299m compared to $270m the previous year, according to the Apparel Export Council of Egypt (AECE).

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Egypt's trade deficit widened 48.8 percent year on year to 4.6 billion dollars in March 2026, compared with 3.1 billion dollars in the same month of 2025.

India’s goods trade deficit narrowed to $20.67 billion in March from $21.69 billion a year earlier, data from the Commerce and Industry Ministry showed. The easing came amid a West Asia crisis that curbed petroleum imports and exports to the region. Goods exports for FY26 rose 1% to $441 billion.

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Egypt’s current account deficit narrowed by 13.6% to $9.5bn in the first half of fiscal year 2025/26, driven by a 29.6% surge in remittances to $22.1bn, Central Bank of Egypt data shows. Tourism and Suez Canal revenues also boosted the services surplus.

Minister of Planning Ahmed Rostom presented the FY 2026/27 economic plan to parliament, targeting growth of 5.2-5.4% and total investments of EGP 3.7trn, with private sector contributing the majority.

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