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Engineering sector exports up 67% in June
Egyptian engineering exports experienced a significant rise in June 2026, increasing by 67% to reach $784.2 million, compared to $469.7 million in the same month of the previous year. Additionally, exports during the first half of the year saw an annual growth of 6.6%, totaling $3.348 billion. This growth was supported by increased demand in European, Arab, and African markets, as well as improved performance in key sectors such as electronics, pumps, and cables. The Export Council for Engineering Industries aims to achieve more than 15% growth by the end of 2026, focusing on expanding into foreign markets and increasing domestic production.
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