Trade exchange between Egypt, African Union countries record $5.5B in 2021

BY

-

Thu, 17 Nov 2022 - 04:57 GMT

BY

Thu, 17 Nov 2022 - 04:57 GMT

Exports - File photo

Exports - File photo

CAIRO - 17 November 2022: Trade Exchange between Egypt, the African Union countries increased by 38.2 percent  in 2021 on an annual basis, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
 
This came on the occasion of African Statistics Day, which falls on November 17 of each year.
 
The CAPMAS stated that total Egyptian exports to the African Union countries amounted to $5.487 billion in 2021, compared to $3.985 billion in 2020, marking an increase of 37.7 percent.
 
The highest values ​​were concentrated in five African countries with a rate of 64.6 percent of the total of this bloc. Libya came in first place, with an Egyptian export value of $961 million, or 17.5 percent of the bloc’s total exports, followed by Sudan, with a value of $827 million, or 15.1 percent. Morocco came third with a value of $757 million, or 13.8 percent, followed by Algeria with a value of $617 million, or 11.2 percent, then Kenya, with a value of $382 million, or 7.0 percent of total exports.
 
Plastics and their products came at the forefront of the ranking of the most important exported commodities with a value of $579 million, or 10.6 percent of the total commodities, then salt, stones and cement, with a value of $420 million, or 7.7 percent, and machinery, electrical appliances and their parts, with a value of $289 million, or 5.3 percent of the total commodities.
 
Regarding Egypt's imports from the African Union, the total imports amounted to $1,994 million in 2021, compared to $1,430 million in 2020, with an increase of 39.4 percent.
 
The highest values ​​were concentrated in five African countries with a rate of 69.0 percent of the total of this bloc, which is Sudan, with an import value of $386 million, or 19.4 percent of the total bloc, then Zambia with a value of $311 million, or 15.6 percent, followed by Kenya, with a value of $255 million, or 12.8 percent, and  Congo-Brazzaville recorded  $ 223 million, or 11.2 percent, and Morocco, with a value of $ 202 million, or 10.1 percent of the total bloc.
 
Copper and its products came at the forefront of the most important imported commodities, with an import value of $675 million, or 33.8 percent of the total commodities, then coffee, tea, and spices at a value of $243 million, or 12.2 percent, and fuel, mineral oils, and their distillation products, at a value of $242 million, or 12.1 percent of the total commodities.
 

Comments

0

Leave a Comment

Be Social