Egypt's exports of medical, cosmetics grew by 45% in 2022

Dr. Maged George, Chairman of the Export Council for Medical Industries, revealed that Egypt's exports of medicines, cosmetics, and medical supplies increased by 45%, to record $883 million in the period from January to November 2022, compared to $610 million in the same period in 2021, with the continued good performance of exports.

Dr. George said in a statement today that cosmetics exports recorded a big jump, reaching levels of $558 million during the first 11 months of 2022, compared to $268 million, an increase of 208%, pointing out that pharmaceutical exports amounted to $226 million in the period from January to January. November 2022 for $251 million.

He added that the African market is promising for the sector's products during 2023, but some obstacles must be dealt with.