As per the Ready Made Garments Export Council, Egypt’s exports of readymade garments increased 17 per cent in the first quarter (Q1) of 2018, thus recording a profit of $385 million (LE 6.77 billion), compared to $330 million during the same period of 2017.

Around 48 per cent of Egypt’s ready-made garments exports in Q1 was to the US, recording $185 million, compared to $160 million in the same period of 2017, a 16 per cent increase. The council aims to increase export by 20 per cent by the end of 2018 to touch $1.8 billion. The sector’s exports to African countries do not exceed 2 per cent but activating trade agreements such as the African Continental Free Trade Area, will increase exports of Egyptian products to specific markets such as South Africa.