Citing data from the Egyptian General Organization for Export and Import Control (GOEIC), Chemical and Fertilizers Export Council (CEC) chairperson Khaled Abu Al-Makarem highlighted various chemical sectors that experienced significant growth during this period
The agreement will facilitate CEC’s members’ access to the Saudi market and support any communication and deals between Egyptian and Saudi businesses, explained an official statement by the council
Annually, exports of fertilizers jumped by 42% in 2022 to hit $3.38 billion
The chemicals and fertilizers sector accounts for 24% of Egypt’s total non-petroleum exports, said Chemical and Fertilizers Export Council head Khaled Abul Makarem
Fertilizer products was at the top of the sector’s exports with a 54% climb to hit $1.480 billion compared to H1 2021’s $960 million
