(Ecofin Agency) - Egypt collected $25.49 billion in non-oil export revenues last year, up from $25.14 billion the previous year.

According to the General Organization for Export and Import Control (GOEIC), the improvement was spurred by good performances in the food and construction sectors during the last month of the year. Ismail Gaber (pictured) - GOEIC Chairman - said food exports increased to $283 million in Dec 2019, from $251 million in Dec 2018; while exports of construction materials reached $492 million, from $473 million.

Let’s note that in December 2019, 25% of Egypt’s non-oil products were shipped to Arab countries, the UE, the United States, and some African countries.

Moutiou Adjibi Nourou