As per the data released by Readymade Garments Export Council (RMGEC), garment exports from Egypt fetched US $ 1.598 billion in the year 2018. The exports soared 9.5 per cent from US $ 1.459 billion earned in 2017.
Notably, RMGEC is an organization set up jointly by the Ministry of Trade and Industry and the country’s major readymade garments exporters.
Of the total garment exports, almost 50 percent of the Egyptian garments worth US $ 797 million were imported by the USA alone.
The UK imported US $ 108 million worth of Egyptian clothing during the reporting year.
The data adds that Spain and Turkey imported garments valuing US $ 143 million and US $ 134 million, respectively. While Germany, Italy and France imported garments valued at US $ 93 million, US $ 74 million and US $ 53 million, respectively.
Recently it was reported that Egypt is also developing a textile industry free zone to further increase exports. The zone will be spread over an area of 2.2 million square metres.
Download Perfect Sourcing News App for Latest Business of Fashion News.