Egypt's textile exports reached US$673m in the first ten months of the year, new figures show, with Turkey remaining the top importer.

In the period January to October 2017, textile exports were up 3% from $651m last year, according to local reports quoting figures from Egypt's Textile Export Council. This includes items such as fibres, yarns, and fabrics.

Turkey is Egypt's largest textile customer, importing products worth $230.27m in the ten-month period, followed by Italy with imports of $132.98m. Saudi Arabia is Egypt's third largest textile export market, valued at $26.79m in the ten months, followed by Tunisia at $21.85m, according to Egypt Today. Meanwhile, Egypt's textile exports to Germany and Portugal, reached $16.89m and $13.19m respectively. 

Egypt has been looking to boost its export of ready-made garments, with many companies exhibiting at the recent Destination Africa event in Cairo.

Textile Export Council chairman, Hassan Eshra, said a number of bilateral meetings were held with international buyers during the event. It is hoping to increase the number of exhibitors from Egypt and Africa by 50% for next year's event.

In light of the Trade Ministry's plan to support the country's textile industry, Eshra said a delegation of foreign companies who have visited the textile city in Minya Governorate have pledged to inject investment into Minya in 2019.

Egypt's Ministry of Trade and Industry has been exploring several initiatives to increase textile investment and export rates. Currently being studied are plans for a new textile city, along with the national strategy for spinning, weaving and ready-made garments. The aim is to "promote the vital industry" in all stages of production, from cotton to the finished product.

Egypt mulls national strategy to boost textile exports