Friday, December 03, 2021

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Trade exchange between Egypt and African countries grows

Trade exchange between Egypt and African countries grows

Cairo, Nov 19 (Prensa Latina) Trade exchange between Egypt and African countries jumped 5.35 billion dollars in the first nine months of 2021, a year-on-year increase of 35.7 percent, an official source reported on Friday.
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The state’s statistics agency CAPMAS informed that during that period, this nation sold merchandise and goods worth 3.90 billion dollars to the rest of the continent.

Libya topped the list of purchases with 711 million dollars, followed by Sudan with 588 million dollars, Morocco (513 million dollars), Algeria (448 million dollars) and Kenya (284 million dollars), CAPMAS detailed.

Meanwhile, Egypt’s imports totaled 1.45 billion dollars in those nine months, a 30.2 percent more than in the same period in 2020.

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