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Egypt Today
3 days ago
- Business
- Egypt Today
Egypt's Garment Exports Jump by 25 Percent in April
CAIRO – 1 June 2025: Egypt's ready-made garment exports rose sharply by 25 percent in April 2025, reaching $223 million, up from $179 million in April 2024, according to a statement released by the Garments Export Council. The Council reported that total exports for the sector between January and April 2025 amounted to $1.028 billion, marking a 22 percent increase compared to the same period last year. This growth underscores Egypt's strengthening position in the global textile market. The United States retained its status as the largest importer of Egyptian garments, with total imports reaching $384 million, reflecting an 11 percent rise from $345 million during the same period in 2024. European countries came in second, with exports increasing by 39 percent to $259 million, compared to $186 million a year earlier. Exports to Arab countries also posted a 6 percent gain, totaling $190 million, up from $180 million in the corresponding period of the previous year. One of the most notable trends was the 101 percent growth in exports to non-Arab African markets, signaling a significant expansion into new African destinations. At the same time, exports to other global markets climbed by 50 percent, reaching $190 million, compared to $127 million in the same period of 2024. Commenting on these figures, Fadel Marzouk, Chairman of the Ready-Made Garments Export Council, stated that the export performance reflects a positive trajectory and the gradual recovery of the sector. He attributed this progress to rising global demand, broader market outreach, and the Council's continuous efforts to improve the competitiveness of Egyptian garments on the international stage. Marzouk also emphasized that the Council is targeting an annual export growth rate of 30 to 35 percent, supported by training programs, expansion of the SME base, increased promotion in international markets, and continued work to remove obstacles facing exporters.
Economic Key
3 days ago
- Economic Key
"Al-Masiya Launches Pioneering 'Meal Tasting' Hajj Initiative with Participation from Egypt
As part of the ongoing preparations for the 1446H Hajj season and in a bid to ensure the highest levels of quality and satisfaction for the Guests of Allah, Egyptian Hajj missions — including tourism and social affairs delegations — participated in a large-scale 'food tasting session' organized by Al-Masiya Pilgrims Services Company. The session included representatives from the Hajj affairs offices of nine countries, including Egypt, Sudan, Lebanon, Guinea, and several non-Arab African nations such as Benin, Madagascar, Zimbabwe, and Sierra Leone. Additionally, representatives from 22 other countries were in attendance. The initiative aimed to enhance pilgrims' food experience during the Hajj rituals by involving campaign leaders and service center representatives in evaluating the meals. Discussions focused on taste, nutritional balance, food safety, and cultural appropriateness — all essential to delivering integrated logistical services that meet pilgrims' expectations and dietary preferences. Saleh Kotb, Executive Director of the Nutrition Division at Al-Masiya, stated: 'We are committed to achieving the highest standards of satisfaction for the Guests of Allah. We believe that food quality is not just a service but an experience that contributes to the comfort and spiritual peace of the pilgrim during Hajj.' For his part, Al-Masiya Chairman Ali Bandakji emphasized the importance of such meetings, describing them as 'a qualitative step toward empowering pilgrims to voice their opinions and feedback ahead of the spiritual journey.' He added, 'Strengthening direct communication between service providers and recipients builds a comprehensive system that reflects the sanctity of the time, place, and the Hajj itself.' This initiative marks the second consecutive year of Al-Masiya's dedication to refining every detail of the pilgrims' experience — a clear reflection of the company's ongoing commitment to improving and developing services for the guests of the Holy Mosque. تم نسخ الرابط
Fibre2Fashion
06-05-2025
- Business
- Fibre2Fashion
Egypt's RMG exports rise 24% YoY in Q1 2025 to $812 mn
Egypt's readymade garment exports rose by 24 per cent year on year (YoY) in the first quarter (Q1) this year to $812 million, according to data from the Apparel Export Council of Egypt (AECE). The council reported a particularly strong performance in February, with exports jumping by 35 per cent YoY to $276 million. January also saw steady growth, with exports rising by 11 per cent YoY to $274 million, up from $246 million in the previous year. The United States remained the top destination for Egyptian garments in Q1 2025, with exports to the country rising by 12 per cent YoY to $299 million. Europe followed, seeing exports worth $206 million—up by 43 per cent YoY. Egypt's RMG exports rose by 24 per cent YoY in Q1 2025 to $812 million, the Apparel Export Council of Egypt said. The US was the top destination for Egyptian garments in Q1, with exports to there rising by 12 per cent YoY to $299 million. Europe followed, with exports worth $206 millionâ€'up by 43 per cent YoY. Exports to Arab countries surged by 49 per cent YoY to reach $148 million in the quarter. Exports to Arab countries surged by 49 per cent YoY to reach $148 million in the quarter, while exports to non-Arab African countries posted the highest growth rate of 121 per cent YoY. Exports to other global markets also rose by 49 per cent YoY in the quarter, domestic media outlets reported. Fibre2Fashion News Desk (DS)
Egypt Today
05-05-2025
- Business
- Egypt Today
Egypt's Ready-Made Garment Exports Surge 24% in Q1 2025, Reaching $812M
CAIRO- 5 May 2025: Egypt's ready-made garment exports saw a notable increase in the first quarter of 2025, rising by 24 percent to reach $812 million, up from $656 million in the same period last year, according to the latest data from the Apparel Export Council of Egypt (AECE). This growth reflects the continued expansion of Egypt's garment sector, bolstered by a combination of global demand and targeted efforts to enhance competitiveness. February saw a particularly strong performance, with exports soaring 35 percent to $276 million, compared to $205 million in February 2024. January also recorded steady growth, with exports rising by 11 percent to $274 million, up from $246 million the previous year. The United States remained the largest market for Egyptian garments, with exports rising by 12 percent year-on-year to $299 million. Europe followed closely behind, with a 43 percent increase, reaching $206 million in Q1. The export growth was widespread across various regions. Exports to Arab countries surged by 49 percent to $148 million, while exports to non-Arab African nations experienced the highest growth rate, climbing by 121 percent. Exports to other global markets also rose by 49 percent, mirroring the performance seen in the Arab region. Fadel Marzouk, Chairperson of the AECE, credited the positive results to a comprehensive strategy aimed at boosting Egypt's global competitiveness in the garment sector. Key initiatives have included offering technical training for producers, supporting small and medium-sized enterprises (SMEs), enhancing marketing efforts abroad, and addressing export-related challenges. These measures have strengthened Egypt's position in the international market. Looking ahead, Marzouk reaffirmed the AECE's goal of achieving 35 percent export growth by the end of 2025, with the ambitious target of doubling garment exports to $12 billion by 2031. This growth will be driven by expanding into African and Asian markets, leveraging Egypt's trade agreements, and focusing on higher value-added production. As part of this strategy, the AECE is working on modernizing production lines and developing two integrated textile and garment cities in Fayoum and Minya to support the sector's long-term development.
Zawya
05-05-2025
- Business
- Zawya
Egypt's ready-made garment exports jump 24% in Q1 2025 to $812mln
Egypt's ready-made garment exports rose sharply by 24% in the first quarter (Q1) of 2025, reaching $812m, up from $656m in the same period last year, according to data from the Apparel Export Council of Egypt (AECE). The council reported a particularly strong performance in February, with exports jumping 35% to $276m, compared to $205m in February 2024. January also saw steady growth, with exports rising by 11% to $274m, up from $246m in the previous year. The United States remained the top destination for Egyptian garments, with exports rising 12% year-on-year to $299m. Europe followed, registering $206m in Q1 exports—up 43% from $144m a year earlier. Exports to Arab countries surged by 49% to reach $148m, while exports to non-Arab African countries posted the highest growth rate of 121%. Exports to other global markets also rose by 49%, mirroring the performance seen in the Arab region. This strong showing reflects the continued recovery and expansion of Egypt's garment export sector, driven by growing global demand and successful market diversification efforts. The AECE attributed the results to its strategy of entering new markets and diversifying export destinations. Fadel Marzouk, Chairperson of the AECE, said the positive momentum reflects intensive efforts to boost the global competitiveness of Egyptian garments. These include initiatives to support producers and exporters through technical training, SME development, enhanced marketing efforts abroad, and resolving key export-related challenges. Marzouk reaffirmed the council's target of achieving 35% export growth by the end of 2025 and highlighted an ambitious goal of doubling exports to $12 billion by 2031. This would be achieved through expansion into African and Asian markets, leveraging Egypt's trade agreements, and focusing on higher value-added production. Key components of this strategy include the modernization of production lines and the development of two integrated textile and garment cities in Fayoum and Minya. He also noted ongoing collaboration with government entities to support the sector, particularly in the areas of export rebates, shipping and logistics facilitation, and improved access to affordable financing—all aimed at boosting foreign currency inflows through a stronger export base. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. ( Daily News Egypt
