Egypt Manufacturing Industry Market Report (Textiles, Electronics)
- The Trade Adviser
- Jun 20, 2024
- 1 min read
Updated: Jun 14
The manufacturing industry in Egypt, encompassing textiles and electronics, is a vital component of the national economy, facilitating industrialization, job creation, and export growth. As of 2023, the manufacturing sector is valued at approximately USD 20 billion, with textiles and electronics being the primary components (source: Egyptian Ministry of Trade and Industry).
The sector has seen an annual growth rate of 8% over the past five years, driven by government initiatives, foreign investments, and technological advancements. Egypt's GDP stood at USD 403 billion in 2022, with the manufacturing sector accounting for about 5% of the total (source: World Bank). The future growth potential of the sector is substantial, with projections indicating that the market could reach USD 35 billion by 2030, supported by ongoing investments and industrial development projects.
