Trade Exchange
Ezzat explained that the trade balance between the two countries comes in favor of Malaysia with a value of $459.465 million during 2021, compared to $296.234 million in 2020, marking a growth of 55 percent.
Bouden made the statements in a speech during the Egyptian-Tunisian economic forum held on the sidelines of the 17th session of the Egyptian-Tunisian Joint Higher Committee held in Tunisia and co-chaired by the prime ministers of both countries on 12-13 May.
It added that China's imports from Egypt reached $1.7 billion dollars, with a jump of 84.8 percent year on year.
The most important items of trade exchange between the two countries include fertilizers, electrical appliances, food preparations, oilseeds, dairy products and wool.
Games elaborated that the trade exchange included $42 million in exports and $24 million in imports.
The meeting also took up the latest economic developments at the regional and international levels, according to a statement by the Trade and Industry Ministry.
Egypt’s exports to Arab countries during 2021 amounted to about $9.5 million, which represents about 30 percent of the total Egyptian exports.
Egypt's exports to Kuwait, recording $274 million during the first 11 months of 2021, compared to $229.4 million during the same period in 2020, marking an increase of 19.5 percent.
Data from CAPMAS showed an increase in the value of Egyptian exports by 75.5 percent, recording $411.6 million during the first 11 months of 2021, compared to $234.5 million during the same period in 2020.
In 2020, the volume of trade exchange between the two countries reached $1.9 billion, Gamea said after receiving a report from the Egyptian commercial office in São Paulo.
Egypt's exports to US hit $3.3 billion, while imports reached $5.8 billion, he added in a forum held by Food Export Council in cooperation with the Egyptian Commercial Services.
CAPMAS noted thatEgypt’s exports to Djibouti rose 37.5 percent to $82.3 million during the first 10 months of 2021, compared to $59.8 million during the same period in 2020.
Egyptian exports to South Korea decreased 9.5 percent to $560.2 million, compared to $613.5 million, during the same period of 2020.
Gamea added that as the most important items of trade exchange include vegetables, fruits, electrical appliances, iron, steel, aluminum and plastics.
This came during an extensive meeting with Xiana Mendez, Secretary of State for Trade at the Spanish Ministry of Industry, on the sidelines of their participation in the activities of the Egyptian-Spanish Business Forum.
The minister said in a statement Thursday, that the most important items of trade exchange between the two countries include vegetables, fruits, furniture, food preparations, aromatic materials, iron, aluminum and its products.
Speaking during the Egyptian-Bahrain Business Forum organized by the Egyptian Businessmen Association (EBA), the Bahraini ambassador said his country's exports to Egypt increased to $224 million.
Egypt’s imports from the COMESA countries amounted to $901 million during the first 9 months of 2021, compared to $721 million during the same period in 2020, with an increase of 25 percent.
Egypt's exports to the Nile Basin countries recorded $1.11 billion during the period from January to the end of September 2021, compared to $835 million over the same period last year, with an increase of 33.7 percent.
From 2015-2020, Egypt achieved trade surplus in relations with COMESA states that reached in 2020 $1.4 billion , according to a study compiled by the center on the occasion of Egypt's hosting of the 21th COMESA summit on Tuesday.
