Egyptian Cotton is Globally Renowned

Cotton is one of the most used fabrics in the whole world. Consumers from all nations and classes wear and use it in a variety of applications. Thousands of acres are devoted to its manufacturing.

Egyptian cotton, is one of the most sought-after around the world. It is considered one of the softest and most opulent cottons available today.

For many years, it was so valuable that most of the crop was shipped to European countries, and Egyptians themselves could hardly buy items made from its cloth.

However, manufacturing in Egypt has developed considerably over the last thirty years. Many textile factories have opened all over Egypt and especially in Mahla, a large Delta city south of Cairo, famous for its many factories that specialize in producing the best cotton products in Egypt.

In the 1960s and 1970s, Egypt supplied 80 per cent of the world market, but later lost market share to its US competitor, Pima cotton. Today, Egypt alone supplies 55 per cent of the world’s needs of LS and ELS cottons, while the US Pima supplies 40 per cent. Egypt and the US have a monopoly over the production and trade of LS and ELS cotton varieties. 

The World Watchmaking and Industry

   

   Despite the widespread use of smartphones and tablets, wrist watches do not lose their popularity. The Swiss Watchmaking industry leads the world in the terms of value. According to the words of d Jean-Daniel Pasche, head of the Federation of the Swiss Watch Industry, Switzeland’s watch exports will rise in 2014 after advancing at the slowest pace in four years in 2013 due to a drop in Chinese demand. China is, in fact, the market leader in this respect, producing 663 million watches in 2012. It is the world’s largest exporter of finished watches, followed by Hong Kong, which produced 354 million. Switzerland comes in third place. However, the opposite is true when it comes to value, where Switzerland takes the lead, producing 95% of all watches sold at prices of over 1,000 francs.

Export and Shipping Industry

Almost 90 percent of everything we buy arrives via ship. Find out amazing facts about shipping industry. 

- Shipping is so big in fact that it constitutes roughly 90 percent of the world's trade.
- Compared to the energy expended moving goods by plane or truck, shipping is far less damaging in terms of greenhouse gases released.
- A container ship travels the equivalent of three-quarters of the way to the moon and back in one year during its regular travel across the oceans.
- There are approximately 55,000 merchant ships carrying cargo around the world.
- As of this moment there are roughly 20 million containers crossing the world.
- Shipping is cheap. It’s so cheap in fact, that rather than fillet its own fish, Scotland can send its cod 10,000 miles across the ocean to China to be filleted, and then sent back for less than the price of doing it themselves.