Egyptian exports to the top 5 global markets reached about $5.7 billion during the first five months of 2023, compared to $6.7 billion during the corresponding months of the previous year, and were distributed among Turkey, Italy, Saudi Arabia, the United States and China, according to the latest reports of the Central Agency for Public Mobilization and Statistics. .
Turkey ranked first with the highest value of Egyptian exports, which rose to $2.042 billion during the first five months of 2023, compared to $2.030 billion during the corresponding months of the previous year, an increase of $12.4 million, or 0.6%, followed by Egyptian exports to Italy, which amounted to $1.3 billion during the first five months of 2023, compared to $1.4 billion during the corresponding months of the previous year, a decrease of $100 million.
Egyptian exports to the Kingdom of Saudi Arabia increased to $1.1 billion during the first five months of 2023, compared to $967.8 million during the corresponding period of the previous year, an increase of $161.6 million, or 16.7%, while exports to America declined to $756.5 million during the five months. The first months of 2023, compared to $1.076 billion during the corresponding months of the previous year, a decrease of $319.5 million, and exports to China declined from $1.1 billion to $433.2 million during the same comparison period.