Global Arab Network | Egypt: 13% increase in garments, textiles exports to United States

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Egypt: 13% increase in garments, textiles exports to United States

Global Arab Network - - Mohammed Almasri

Sunday, 02 January 2011 22:57

egypt_QIZ_or_Qualifying_Industrial_Zones

Egypt's exports of garments and textiles to the United States increased during the period from January to October 2010 by 13% reaching $857 million compared with $770 million during the same period the previous year.

This came in a report received Saturday by Minister of Trade and Industry Rashid Mohamed Rashid, from the head of the trade representation department on Egyptian garment and textile exports to the US.

The report is part of following up the implementation of a national strategy on increasing exports to EGP 200 billion by 2013.

The report said the growth was due to an increase in quantities of exported textiles and yarn by 16% and of carpets and linen by 20.6%.

Egypt is number 17 on the list of major countries exporting garments and textiles to the American markets and number 16 among garment exporting countries. (SIS)

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