Egypt Independent

CAPMAS: Trade exchange between Egypt, African countries $6.9 bn



The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that the trade exchange between Egypt and African countries reached US$ 6.9 billion in 2018, compared to $5.6 billion in 2017, up by 23 percent.

CAPMAS added that the value of exports to Africa reached $4.7 billion in 2018, compared to $3.7 billion in 2017, up by 26.9 percent.

Algeria topped the list of African countries importing from Egypt, with Egyptian exports worth $977.2 million, followed by Libya with total exports of $632.6 million, Morocco with $ 499.3 million, Tunisia with $496.6 million, Sudan with $396.6 million, while Guinea-Bissau came last with $0.1 million.

The value of imports from African countries to Egypt amounted to $2.1 billion during the same period, up by 15.2 percent. Algeria topped the list of countries exporting to Egypt with exports worth $397.7 million.

Edited translation from Al-Masry Al-Youm