I don't believe this came out of Egypt.
Discussion
According to my research it did indeed come out of Egypt. 
Quartzite statue of a Pharaoh excavated from the ruins of the Ay and Horemheb temple in the 1930s.
Traces of previous cartouches on the statue confirm that the statue was originally of Tutankhamun, which the later pharaohs thought to repurpose.
Located just north of the Mortuary Temple of Ramesses III, right up to the mud-brick wall that surrounds it, lies the poorly preserved Temple of Ay and Horemheb.
Medinet Habu (Arabic: مدينة هابو, Madīnat Hābū; Ancient Egyptian: ḏꜣmwt; Sahidic Coptic: (ⲧ)ϫⲏⲙⲉ, ϫⲏⲙⲏ, ϫⲉⲙⲉ, ϫⲉⲙⲏ, ϫⲏⲙⲓ; Bohairic Coptic: ϭⲏⲙⲓ)[1] is an archaeological locality situated near the foot of the Theban Hills on the West Bank of the River Nile opposite the modern city of Luxor, Egypt.
Although other structures are located within the area and important discoveries have also been made at these sites, the location is today associated almost synonymously with the largest and best preserved site, the Mortuary Temple of Ramesses III.
Sure, it was reported to be found in Egypt just like the Bust of Nefertiti, however the mentioned archeological finds are not from ancient Egypt.
I'm sorry, this Statute is not of ancient Egyptian origin.
it's not written, however it's a well known fact that the boy king, past at an early age. He was still a teen when he met he's untimely demise. Secondly Egypt is above the equator, and all African nations above the equator have dark ancestral heritage. Meaning they are the darkest of the Africans. They evolved and adapted for the African sun and climate, thus they developed woollen hair and broad nostrils.
Europeans use to compare their phenotype with primates. (This Statute looks nothing like an African.)
However with that being said the boy king died in he's youth. There is no way he could have commissioned such a statue with having a pyramid of he's own.
Secondly the modern occupants of Egypt are modern day Syrians. While they may fit the comparison doesn't make the statute an ancient Egyptian statue.
This Napoleon and the Sphinx all-over again.
After the Romans, Egypt never recovered. The Syrians and the Phoenicians also went there looking for gold, many fallen empires went to Egypt, to conquer and loot gold. With little knowledge that Egypt had know gold or mines.
That's a fake commissioned by some wealthy man, playing make believe archeologist.
P.S
Don't forget Israel is Northeast Africa, it lies on the African tectonic plate.
Israel is in Africa but ignorance is bliss nobody is even going to open an Atlas.
he was the last legitimate Pharoe.
he's death marks the beginning of end of a dynasty.
He had no offspring.