Egypt’s furniture exports increased by 13% to $163 million for the first nine months of 2021, compared to the same period in 2020, according to a monthly report by Egyptian Furniture Export Council. However, the export figures dropped in September 2021 by about 32% compared to September 2020.
The report also mentioned that the Kingdom of Saudi Arabia ranked first among countries importing Egyptian furniture during the first nine months of 2021, with imports declining by 6.1% to reach about $46m, compared to $49m during the same period in 2020. The UAE came in second, with imports rising by about 9.5% to about $23m compared to the same period last year. The Sultanate of Oman ranked fourth in terms of countries importing Egyptian furniture, with the value of imports increasing to $15m, compared to $14m last year. This is followed by Sudan with an increase of 20% to $12m, compared to $10m the same period last year.
The US ranked sixth in importing Egyptian furniture, with its imports increasing to $10m from $5m last year, followed by Jordan, whose imports reach about $9m, compared to $8 last year.
Egypt’s exports to Iraq rose in the same period by 5.5% to reach $19m, compared to the same period in 2020.
Source: Egypt Today