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02 FEBRUARY 2021 AL CIRCLE

Egypt’s aluminium export increases 7% to $575 million in 2020

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

Egypt’s aluminium and copper export values gained 5.3 per cent in 2020 to stand at $748 million, compared to $710 million in 2019, showed the Middle East News Agency (MENA).

Egypt’s aluminium export increases 7% to $575 million in 2020

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Algeria, Italy, Turkey, Morocco, Greece, Libya, Sudan, Germany, Lebanon, and Spain were the top exporters, accounting for 70.40 per cent of Egypt’s total aluminium and copper exports in 2020, with a total value of $526.676 million.

Egypt’s aluminium export value recorded an increase of 7 per cent to $575 million in 2020 from $539 million in 2019, as shown by a report by the Export Council for Building Materials, Refractory, and Metallurgy Industries (ECBM).

Global Aluminium Industry Outlook 2021

Italy topped Egypt's 65 aluminium importers with $285.513 million in 2020, representing 49.6 per cent of Egypt's total exports of aluminium.


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EDITED BY : DEBANJALI SENGUPTA 1MINS READ

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