Non-oil exports to KSA increased by 2.1% (y-o-y) during Jan./Sept. 2015

Egyptian non-oil exports to KSA reported EGP11.7 billion during first 9 months of 2015, an increase of 2.1% compared to corresponding period a year earlier, General Organization for Exports and Imports Control (GOEIC) reported. During September 2015, non-oil exports to KSA reported EGP966 million, representing a decline of 15.6% (y-o-y) and of 22% (m-o-m). Main Egyptian non-oil exports to KSA during Jan/September 2015 were engineering and electronics at EGP2.6 billion, food industries at EGP1.9 billion, agricultural products at EGP1.8 billion, building materials at EGP1.7 billion, handicrafts at EGP1.1 billion, chemicals and fertilizers at EGP1.1 billion and furniture at EGP751 million. It is worth mentioning that KSA is the largest market for Egyptian non-oil exports.