Egypt Independent

Egypt’s furniture exports fall 33% during past 6 months



The Egyptian Furniture Export council (EFEC) revealed Monday that the sector’s exports fell from January to June by 33 percent to reach US$95 million – compared to US$ 143 million during the same period in 2019.

In a monthly report issued by the EFEC it explained that the sector’s exports increased six percent in June, reaching US$14.25 million, compared to US$13.467 million the year prior.

Egyptian furniture exports to the United States during the past six months amounted to about four million dollars compared to three million dollars during the same period in 2019, and Libya came eighth with three million dollars compared to seven million in 2019.

Egypt’s furniture exports to the rest of the world totaled US$20 million, compared to US$ 35 million in 2019.

Saudi Arabia ranked first in terms of countries importing Egyptian furniture during the first six months of this year with US$26 million, compared to about US$ 35 million during the same period of 2019, the report added, with the UAE coming in second with roughly US$14 million compared to US$19 million in 2019.

Iraq ranked third with US$11 million, the same as in 2019, followed by Oman with about nine million dollars, compared to about US$ 16 million during the same period in 2019.

The report added that Sudan ranked fifth with six million dollars, compared to nine million in 2019, then Jordan at four million compared to nine million in 2019.