The trade volume between Egypt and Zambia dropped to $96 million in 2024, a sharp decline from $183 million in 2023, according to the latest report by the Central Agency for Public Mobilization and Statistics (CAPMAS).
Despite the overall decrease in trade, Egyptian exports to Zambia grew significantly, reaching $32 million in 2024, up from $18 million the previous year. This increase was driven primarily by pharmaceutical products, which topped the export list at $14.7 million, followed by food preparations ($4.4 million), sugar and sugar products ($3.3 million), and plastics and plastic products ($2.9 million).
On the other hand, Egypt’s imports from Zambia saw a steep decline, dropping to $64 million in 2024 compared to $165 million in 2023. Copper remained Egypt’s primary import from Zambia, accounting for $62 million of the total.
Investment flows between the two countries also reflected mixed trends. Zambian investments in Egypt surged to $327,000 in 2023/2024, a significant rise from $54,000 in the previous year. Conversely, Egyptian investments in Zambia plummeted, falling to $311,000 in 2023/2024, compared to $4.9 million in 2022/2023.
These shifts highlight changing trade dynamics and investment patterns between Egypt and Zambia, signaling a potential restructuring of economic ties in the coming years.
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