Views:1 Author:Site Editor Publish Time: 2021-04-21 Origin:Site
Egypt’s textile and apparel exports are expected to fall 15% in 2021 as a result of production cuts by several manufacturers, especially in the cotton textiles industry. In 2020, the country’s textile and apparel exports fell by 29% to $2,313.38 million. In 2019, the top five export destinations were the United States, Turkey, Germany, Italy, and Spain; however, in 2020, the United Kingdom replaced Italy on the list. Egypt exports a lot of clothing, home textiles, and fabrics. Yarn and fibres are also exported, but in much smaller quantities. From April to June 2020, there was a decrease in the country’s textile and apparel exports. It recovered in the months after that, then fell again in November and December 2020.