Exports
Exports
Egypt QIZ exports to the US reach record of 1 Billion USD
In 2018, Egypt’s QIZ exports to the US hit a record $1B, up 13%. Apparel drove 83% of total trade, with manmade fibers taking a 50% share. Though Egypt holds just 1% of the US knit market, its duty-free access and global...
Exports
Major decline in Egypt QIZ exports of knitted T-shirt to the US market
Egypt’s exports of knitted T-shirts to the US have sharply declined, hitting just $21.6M in late 2017. Despite a major price advantage through duty-free QIZ access, Egypt is losing market share to near-shore rivals. This...