{"id":637008,"date":"2017-11-06T03:49:08","date_gmt":"2017-11-06T03:49:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/exports-of-readymade-garments-up-imports-down-since-egp-float\/"},"modified":"2017-11-06T03:49:08","modified_gmt":"2017-11-06T03:49:08","slug":"exports-of-readymade-garments-up-imports-down-since-egp-float","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/exports-of-readymade-garments-up-imports-down-since-egp-float\/","title":{"rendered":"Exports of readymade garments up, imports down since EGP float"},"content":{"rendered":"<p><strong>The EGP float has resulted in an increase of readymade garment exports of 11% y-o-y since November and could increase by a further 14% next year<\/strong>, Fadel Marzouk, the chairperson of the Readymade Garments Export Council of Egypt, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1637013.aspx\">told Ahram Gate<\/a>. Imports of readymade garments have also dropped by 70% since the float, Marzouk added. He also noted that USD 600 mn in investments in the sector are going to be pumped within the next six months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGP float has resulted in an increase of readymade garment exports of 11% y-o-y since November and could increase by a further 14% next year, Fadel Marzouk, the chairperson of the Readymade Garments Export Council of Egypt, told Ahram Gate. Imports of readymade garments have also dropped by 70% since the float, Marzouk added. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9285],"tags":[2398,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637008","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0a7bf220-7e66-4d91-b3e8-2f9a945d0251","order":"0","is_powered_by":true,"section_story_id":"0256fc5b-0294-4360-bdf3-54a17ac4ba34","story_type":"1","photo_url":"","photo_position":"above","related_issue":[636980],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Exports of readymade garments up, imports down since EGP float - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/exports-of-readymade-garments-up-imports-down-since-egp-float\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exports of readymade garments up, imports down since EGP float\" \/>\n<meta property=\"og:description\" content=\"The EGP float has resulted in an increase of readymade garment exports of 11% y-o-y since November and could increase by a further 14% next year, Fadel Marzouk, the chairperson of the Readymade Garments Export Council of Egypt, told Ahram Gate. Imports of readymade garments have also dropped by 70% since the float, Marzouk added. 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Exports during the first six months of the year amounted to USD 802 mn, compared to USD 768 mn a year earlier. Exports to the US rose by 19% y-o-y to\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648129,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/29\/readymade-garments-exports-record-usd-413-mn-in-first-four-months-of-2017\/","url_meta":{"origin":637008,"position":1},"title":"Readymade garments exports record USD 413 mn in first four months of 2017","author":"enterpriseam admin","date":"29 May 2017","format":false,"excerpt":"Exports of readymade garments grew by 4% y-o-y to USD 413 mn in the first four months of the year, the Readymade Garments Export Council said, according to Al Masry Al Youm. The USA topped the list for export markets, taking in about half of the total exports, followed by\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595191,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/egypts-textiles-export-council-working-to-grow-exports-to-egp-4-bn-by-year-end\/","url_meta":{"origin":637008,"position":2},"title":"Egypt\u2019s textiles export council working to grow exports to EGP 4 bn by year end","author":"enterpriseam admin","date":"18 September 2019","format":false,"excerpt":"The Textiles and Readymade Garments Export Council is targeting growing the value of the sector\u2019s exports to EGP 4 bn by the end of the year, up from EGP 3 bn last year, council head Magdy Tolba said. The council is eyeing EGP 12 bn-worth of exports by 2025, with\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596225,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egyptian-qiz-exports-record-usd-472-mn-in-1h2019\/","url_meta":{"origin":637008,"position":3},"title":"Egyptian QIZ exports record USD 472 mn in 1H2019","author":"enterpriseam admin","date":"21 August 2019","format":false,"excerpt":"Egypt\u2019s exports from Qualifying Industrial Zones (QIZ) increased 6.7% y-o-y to USD 472 mn in 1H2019, according to the local press. An unnamed source at the QIZ unit at the Trade Ministry said textiles and readymade garments made up 97% of the exports, while food and glass products comprised the\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637309,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/chinese-indian-taiwanese-companies-to-invest-usd-450-mn-in-egypts-textiles-sector-in-2018\/","url_meta":{"origin":637008,"position":4},"title":"Chinese, Indian, Taiwanese companies to invest USD 450 mn in Egypt's textiles sector in 2018","author":"enterpriseam admin","date":"13 November 2017","format":false,"excerpt":"Chinese, Indian, Taiwanese companies are expected to invest as much as USD 450 mn in Egypt's textiles sector in 2018, interim president of the Readymade Garments Export Council Fadel Marzouk tells Al Masry Al Youm. 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