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Egypt’s exports of chemical industries up to $2 bln in Q1 of 2022

Egypt’s exports of chemical industries up to $2 bln in Q1 of 2022

April 25, 2022
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Egyptian Gazette
Home Egypt

Egypt’s exports of chemical industries up to $2 bln in Q1 of 2022

by Gazette Staff
April 25, 2022
in Egypt, Business
Egypt's exports of chemical industries up to $2 bln in Q1 of 2022 11 - Egyptian Gazette
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CAIRO – Egypt’s exports of the chemical industries and fertilizers sector increased by 28% to reach about $2.002 billion in the first quarter of 2022, compared to $1.567 billion during the same period in 2021, the Export Council for Chemical Industries and Fertilizers said on Monday.

In a statement, the council noted the fertilizers sector achieved 40% growth, while the exports of the inorganic chemicals were up by 124%, detergents (22%), plastics and rubber (15%) and paints (13%).

As for the largest importing markets for the sector’s products, Italy topped the list with a value of about $167 million, followed by India with a value of $105 million, then France with $99million, then Spain with $98 million.

Tags: chemical industriesEconomyEgyptexportTop_News

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