News Agriculture

Egypt’s apparel exports seen reaching $4.4B in 2026 as Chinese, Turkish investment ramps up

Egypt’s apparel exports seen reaching $4.4B in 2026 as Chinese, Turkish investment ramps up
Wednesday, 04 February 2026 14:11
  • Egypt garment exports projected to reach $4.4 billion by 2026
  • Growth driven by new Chinese, Turkish textile investments
  • Target supports Egypt plan to quadruple textile exports by 2030

The Egyptian Ready-to-Wear Export Council expects garment exports to generate $4.4 billion in revenue by 2026. Fadil Marzouk, the council’s chairman, announced the target on Tuesday, Feb. 3, according to Zawya.

If achieved, the forecast would represent about 22% growth from the $3.6 billion recorded a year earlier. It would also mark a new high for the sector. Marzouk linked the optimistic outlook to the start-up of new industrial projects launched in 2025 by Chinese and Turkish investors, aimed at boosting production capacity and export volumes.

The impact of the projects approved in 2025 will begin to be felt from 2026-2027,” he said. Last December, for example, Chinese group Zhejiang Jasan signed an agreement with the General Authority for the Suez Canal Economic Zone (SCZone) to establish an integrated textile and apparel complex in the West Qantara industrial zone.

Since early 2025, several projects have been announced in the region. These include investments by Chinese firms EVERFAR Textile Egypt LLC ($130 million), Changzhou Kingcason Printing & Dyeing Co. ($24.5 million), and Shanghai Honour Home Textile, as well as Turkey’s Orağlu ($120 million). Beyond West Qantara, which is increasingly emerging as an industrial hub, Turkish group Boni unveiled plans in July 2025 for a $100 million integrated factory project in 10th of Ramadan City.

Overall, the projected rise in ready-to-wear exports aligns with government efforts to expand the textile industry. Cairo aims to raise annual textile export revenues to $11.5 billion by 2030, roughly four times the $2.8 billion earned in 2024.

Stéphanas Assocle

On the same topic
Sahel Capital provides $1.5 million loan to Rasad Nigeria Funding supports cocoa, cashew supply chains and farmer incomes Deal targets...
Egypt garment exports projected to reach $4.4 billion by 2026 Growth driven by new Chinese, Turkish textile investments Target supports...
Cashew kernel processing reached 732,000 tons across West Africa in 2025 Côte d’Ivoire accounted for more than 80% of processed...
African banana exports rose 5% to 753,000 tonnes in 2025, according to FAO estimates. Ghana recorded the fastest growth, increasing exports 27.72% to...
Most Read
01

African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...

African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
02

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
03

Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...

Nigeria’s central bank upgrades fintech licenses amid rapid digital growth
04

ECOWAS has provided CFA400 million to support refugee assistance in Togo. The funding targets the...

ECOWAS grants CFA400mln to support refugee assistance in northern Togo
05

Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...

Crypto Sovereignty Was CAR’s Goal. A Report Says Crime Risks Took Hold Instead
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.