Trade Exchange
Total Chinese investments in Egypt amounted to $7.2 billion, distributed over 1736 projects by the end of 2018.
“Egypt is one of the main commercial and pivotal partners of Indonesia, and it is the main gateway for our products to enter Africa,” Ambassador of Indonesia said.
Han said Chinese exports to Egypt hit $2.8 billion between January-March 2020, while Egypt’s exports to China stood at $330 million.
The statement also noted that the volume of trade exchange between the two countries reached $1.13 billion in April.
Belarus' exports to Egypt hit $116 million, marking an increase of 40 percent, while the Egyptian exports to Belarus reached $25 million.
The most important items of trade exchange between the two countries include engineering and electronic goods, spinning, textiles, ready-made clothes, chemical products and fertilizers.
CAPMAS revealed that trade exchange between Egypt and African countries slightly rose during 2019 to reach $131.35 million, up from $128.74 million in 2018.
Singaporean investments in Egypt reached $500 million.
Egypt’s exports to Sudan hiked 15 percent during January-September period of 2019, to hit $328 million.
The minister's remarks were made during her meeting with Moroccan Ambassador in Cairo Ahmed al Tazy.
The Egyptian exports to the countries of the agreement amounted to $1.5 billion in 2019, compared to $1.4 billion in 2018.
“U.S. food and agricultural exports to Egypt grew 145 percent from 2017 to 2018,” he noted.
Egyptian exports to the United Kingdom amounted to about £720.8 million during the period from January to September 2019.
The volume of trade exchange between Egypt and China is expected to rise by more than 24 percent in 2020.
The volume of trade exchange between the two sides reached $3 billion in 2018 with Egyptian exports standing at $1.9 billion.
About 1560 American companies operate in Egypt in various economic sectors, including oil and renewable energy, agriculture, foodstuffs, and industry.
Minister Nassar added that Egyptian-American economic relations are based on a long history of joint cooperation in various fields of trade, industry and investment.
India's investments in the Egyptian market amounted to $3.3 billion through 50 projects.
The deficit between Egypt and the US decreased by 8.7 percent within the same period.
The Egyptian exports hit $140 million, while imports reached $120 million during 2018.Trade balance surplus logged $20.3 million.