Egypt’s exports to Turkey hit $2.2B in 2018

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Wed, 08 May 2019 - 01:22 GMT

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Wed, 08 May 2019 - 01:22 GMT

FILE – exports

FILE – exports

CAIRO – 8 May 2019: Egypt’s exports to Turkey rose 9.7 percent during 2018, recording $2.2 billion, compared to $1.9 billion in 2017, according to a recent report issued by the General Organization for Export and Import Control.

The report revealed that the most important Egyptian exports to Turkey were chemical products, plastics, rubber, textiles and garments, metals, oil oils, machinery and equipment, gold and precious metals, glass and its products, salts and mineral ores, agricultural and food products.

It also pointed out that the volume of non-oil exports to Turkey amounted to $1.988 billion in 2018 compared to $1.963 billion in 2017, marking an increase of 1 percent.
Egyptian imports increased 29 percent in 2018, recording $3.055 billion in 2018, compared to $2.359 billion during 2017, according to the report.

The report further pointed out that the volume of trade with Turkey witnessed a growth of 20 percent during the previous year to record about $5.246 billion, compared to $4.358 billion in 2017.

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