Egypt Targets $4B in Apparel Exports by Year-End as European Demand Drives Growth
Egypt's ready-made garment exports are targeting a 20% to 22% growth rate this year, aiming to breach the $4 billion mark by the end of 2026, according to Fadel Marzouk, Chairman of the Ready-Made Garments Export Council (RMGEC).
In a newly released monthly performance report, the RMGEC revealed that apparel exports to European markets exceeded $1 billion during the first eight months of 2026. Specifically, exports to Europe hit $1.087 billion from January to August, a 26% increase compared to $861 million in the same period in 2025. Europe currently accounts for 43% of the sector's total global exports.
Overall, Egypt’s ready-made garment exports climbed to $2.525 billion in the first eight months of 2026, registering a 16% year-on-year growth from $2.177 billion. August alone saw exports jump by 23% to $382 million.
**The 'Nearshoring' Advantage**
Marzouk attributed the surge in European demand to the growing global trend of 'nearshoring'—where buyers relocate production or sourcing to geographically closer markets to mitigate shipping hurdles and global supply chain disruptions. This strategic shift has positioned Egypt as a highly agile and crucial partner for European importers.
**Market Breakdown & Key Destinations**
The Council remains firmly committed to its year-end target of surpassing $4 billion in total exports. Performance across key markets from January to August 2026 highlights a robust upward trajectory:
• United States: Retained its position as the top importer, growing by 13% to reach $985 million.
• Turkey: Ranked second overall with $286 million.
• Spain: Led European growth, surging 61% to hit $227 million.
• Saudi Arabia: $147 million.
• Germany: $132 million.
• Netherlands: $116 million.
Other notable European increases included the UK (+36% to $97 million), Italy (+30% to $59 million), and France (+21% to $55 million).
**Top Performing Products**
Knitwear led the export product categories:
• T-shirts and Polo Shirts: Topped the list at $564 million (up 20%).
• Trousers: $154 million.
• Socks and Gloves: $44 million.
Marzouk concluded that this export boom is not merely quantitative but is driven by upgraded operational technology, enhanced product quality, and strict adherence to environmental and operational compliance. The implementation of traceability systems has further strengthened the ability of Egyptian manufacturers to meet the evolving demands of international markets.