CAIRO — Despite the Russian war on Ukraine and its negative repercussions on global trade, Egypt succeeded in exporting 50,000 tons of cotton by the end of February, i.e., up to 75% of its production this season, estimated at 62,000 tons. The exports amounted to 5 billion Egyptian pounds ($274 million), an increase of 1.3 billion pounds ($71.2 million) compared to the same period last year, which witnessed exports worth 3.7 billion pounds ($203 million), according to data from the Cotton Arbitration and Testing General Organization.
The cotton production season in Egypt begins in April and extends until August; the export season extends from October until March.
