Trade Exchange
The Egyptian exports to Greece amounted to $807.4 million during the first half of 2021, compared to $273.8 million, marking an increase of 194.9 percent
CAPMAS clarified that Egypt’s exports to Brazil recorded $245.6 million during the first half of 2021, compared to $89.4 million during the same period in 2020, marking an increase of 174.6 percent.
Gamea pointed out Wednesday that Omani investments in the Egyptian market amount to $77.5 million, distributed among 92 companies in the fields of industry, tourism, construction and agriculture.
Gamea added in a statement that Egyptian exports to the Korean market increased by 11.3 percent during the first half of this year, reaching $247 million, compared to $222 million during the same period last year.
The minister added that such cooperation has to include "reconstruction and post-conflict development endeavors."
Egypt has a number of trade agreements that link it with 55 African states, aiming to increase economic cooperation.
Tantawy added that preliminary data witness continued growth during the first quarter of 2021.
The most important items of trade exchange between the two countries include vegetables, fruits, sugar, glass and cotton, stressing that there are great opportunities for Egyptian exports to enter the markets of South Sudan and meet its needs of Egyptian products.
The list of imported and exported goods between the two markets includes vegetables, fruits, herbs, spices, phosphates, fertilizers, chemicals, palm oil, petroleum and mineral oils, rubber and some types of yarn.
The minister stated, in a statement, that the total volume of trade exchange between Egypt and Iraq amounted to about $747.6 million in 2020, compared to $551.3 million in 2019.
The total Egyptian exports to the UAE market during 2020 amounted to about $2.882 billion, compared to $2.51 billion in 2019, Trade Minister noted.
The minister said in a statement Thursday that the Egyptian government is keen to speed up the pace of negotiations on a free trade agreement with the Eurasian Union countries to finalize it in the near next stage.
An agreement was reached with the Moroccan side to form a work group from the ministries of trade from both countries to count the hindrances and challenges hindering movement of trade exchange and investment cooperation and find drastic solutions for these hindrances as soon as possible.
The number of Ukrainian tourists to Egypt in 2020 had reached 727
The authority added in a statement that the value of Egyptian exports amounted to $ 101 million, while the value of imports amounted to about $ 9 million.
Italy is the fifth trade partner to Cairo while it came first as a trade partner to Egypt in Europe in 2019 according the Egyptian Central Agency for Mobilization and Statistics (CAPMAS), added the report.
Al-Arabi noted that this progress came despite the negative economic impacts of the Corona pandemic on the performance of the global economy during the past year.
Khairat Sharif said that Egypt is a strategic partner for his country in the Middle East and North Africa region.
This came in the minister's speech delivered on her behalf by Ibrahim Al-Sigini, Assistant Minister of Trade and Industry for Economic Affairs during the activities of the Egyptian-Kazakh Business Forum.
This came during Gamea’s speech, at the activities of the "Egyptian-Zambian Business Forum".
