Egypt export values dip as pandemic hits trade

CAIRO: Egypt’s export earnings during the first 11 months of 2020 fell to about $22.8 billion compared with $23.3 billion for the same period the previous year.

However, the decline was acceptable in light of the coronavirus pandemic and its effects on global production, according to Trade Minister Nevine Gamea.

Gamea had previously predicted Egyptian exports would exceed $25 billion by the end of 2020.