Egypt's Cabinet reveals top African importing markets in Q1 of 2023
The Cabinet's Information and Decision Support Center (IDSC) issued a report Sunday revealing the top African markets that imported from Egypt in the first quarter of 2023.
Those are Libya ($317 million), Sudan ($226 million), Algeria ($217 million), Morocco ($191 million), and Tunisia ($86 million). The total size of trade exchange between Egypt and other African countries recorded during that period $2.117 billion, divided into $1.611 billion in good exports, and $506 million in imports.
Egypt’s exports declined 22 percent during the first nine months of 2023, recording $30.8 billion, compared to $39.4 billion during the same period of 2022, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).