Chemical sector's exports rise to $1.655B in 4 months-group
CAIRO, June 12, 2018 (MENA) - The Chemical & Fertilizers Export Council said Tuesday that the exports of chemical sector increased through the period between January and April to reach $1.655 billion compared with $1.305 billion in the same period last year with an increase of 27%.
In a report released by the council, a copy of which MENA obtained, the council stated that sector's exports recorded a collective rise except detergents sector that plunged to 16% to reach $89.35 million compared with $106 million.
Egypt's exports of plastics engineering products hit $539.19 million compared with $426.18 million in 2017, with an increase of 27%, added the report.
Also, the exports of fertilizer products registered $318.60 million compared with $303.51 million in the same period last year as well as paper and cardboard products which reached $195.61 million compared with $169.81 million in 2017, read the report.
While, the inorganic chemicals' exports witnessed significant increase with a percentage of 111 to record $171.50 million compared with $81.323 million in addition to the organic chemicals' exports that recorded $80.26 million compared with $32.23 in the same period last year.
Other products including inks, paints, coal and batteries had witnessed increase also.