CAIRO — Egypt's total exports for 2014 registered EGP 22.11 billion, representing a 0.15 percent increase to the corresponding period the preceding year. The government set a target of EGP 25 billion and succeeded in accomplishing 88.4 percent of its goal. The government has surpassed its set targets for medical industry products, agricultural products and readymade garments. The Foreign Trade Monthly Digest report highlighted that total exports of Egypt during December 2014 reached EGP13.182 billion, around EGP1.844 billion. Exports in December declined by 3.75 percent compared to the previous month. In October, exports registered EGP1.309 billion, falling by 12.52 percent compared to the EGP1.47 billion total recorded in September. In 2013, exports totaled EGP21.5 billion, according to the ministry's report. Top exports during the current year were raw materials and finished products namely batteries, plastics and fertilizers. The report highlighted that Saudi Arabia was the largest importer in December, followed by Turkey, the United States and Italy. During 2014, Egyptian imports from the United Kingdom grew by approximately 15 percent while exports climbed up by 30 percent. — SG/Agencies
