Egypt's exports to Netherlands up 29.5% in 2017: Trade Min.

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Sat, 12 May 2018 - 10:10 GMT

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Sat, 12 May 2018 - 10:10 GMT

FILE- Trade Minister Tarek Kabil

FILE- Trade Minister Tarek Kabil

CAIRO - 12 May 2018: Egypt's exports to the Netherlands made a notable increase of 29.5 percent during 2017, recording 269.7 million euros, in comparison with 208.2 million euros in 2016, Trade Minister Tarek Kabil said on Saturday.

The figures were shown by the latest report received by the minister about the development of the trade exchange movement between Egypt and the Netherlands during 2017.

"The decline of Egypt's imports from the Netherlands by nine percent during 2017 contributed to reducing trade balance deficit between Egypt and the Netherlands by 21.7 percent", Kabil said in a statement.

He pointed out to the notable development of trade relations between Egypt and the European country.

Oils, urea, glass fiber, aluminium, cables and textile topped Egypt's exports to the Netherlands, he added.

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