Egyptian exports to US up by 20 percent

Egyptian exports to the US market climbed up by 19.8% during the first five months of this year (January-May) to hit $ 402.9 million vis-a-vis $ 336.3 million during the same period last year, according to a report received by Minister of Economy and Foreign Trade Youssef Boutros Ghali from the trade representation office in Washington.

Mohamad Al-Said Qassem, First Undersecretary of Economy and Foreign Trade and Chief of the Trade Representation Agency, said the report pointed out that trade exchange between the two countries during this period saw a remarkable increase of 7.3%, reaching $ 1.811 billion vis-a-vis $ 1.688 billion during the same period last year.

"The value of Egyptian exports of commodities and non-petroleum products hit 84.8% of total exports, up by 16.2%, reaching $ 341.6 million vis-a-vis $ 293.9 million during the same period last year," according to the report.