Import Export News
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Trade exchange between Egypt, China hits $16.2B in 2022
Trade exchange between Egypt and China rose 2.2% in 2022 reaching $16.2B. Significant growth was also observed in Egypt's exports to China, which marked a 25.1% increase.
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Egypt, Brazil discuss boosting ties in different fields
Foreign Minister Sameh Shoukry met with his Brazilian counterpart Mauro Vieira at the United Nations General Assembly to discuss ways to strengthen Egyptian-Brazilian relations.
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Egypt’s trade with G20 countries hit $88 bln in 2022
The trade exchange between Egypt and G20 countries reached $88 billion in 2022, up 10 percent from $80.1 billion in 2021.
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Egypt to Host the Third Edition of Intra-African Trade Fair
Egypt is set to host the third Intra-African Trade Fair, attracting participation from 75 countries and 1,600 exhibitors. Anticipated trade and investment deals are expected to reach up to $43 billion.
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Egypt's Exports to France Increase 61% to $1.8 bn
While the value of Egyptian imports from France reached $2.2 billion during 2022, compared to $1.8 billion during 2021, an increase of 19.2%.
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Egypt's EEC to lead trade mission of 22 companies to Iraq
The mission aims to increase the sector’s exports and explore new opportunities in the Iraqi market.
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Egypt-Pakistan trade surges to $200 million
The head of Egypt's Trade Representation emphasized the importance of acquainting the Egyptian business community with collaborative opportunities.
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Cairo hosts 2nd meeting of Saudi-Egyptian Joint Committee
The second meeting of the 17th Session of the Saudi-Egyptian Joint Committee kicked off on Wednesday in Cairo, exploring cooperation in several areas.
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Trade between Egypt and Kenya up by 4.1% in 2022, CAPMAS
Egyptian exports to Kenya dropped by 6.9 percent, with export value slipping to $355.7 million, down from 2021’s $382 million.
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Trade exchange between Egypt, BRICS states rise by 21% in 2022
The study prepared by the researcher Asmaa Refaat showed that Egypt reaps a number of benefits from Egypt's accession to the BRICS bloc.
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Egypt’s e-trade exports record 2.9% in 2021: CAPMAS
Egypt also comes in the place in terms of the percentage of imports from e-commerce as the total merchandise trade increased from 3.5 percent to 4.8 %
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Trade Minister amends law No.118/1975 on import, export
The Minister issued another decree regarding the formation of a committee to set standards and controls for the integrated risk management system.
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Egypt to disburse EGP 4 bln to 744 exporters under support initiative
The Egyptian government is set to disburse EGP 4 billion ($129.4 million) to support 744 export companies on Wednesday and Thursday.
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Egypt’s non-oil exports fall 17% YoY in H1
This decrease is attributed to the lack of the raw materials and production components needed for production.
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Egypt's trade deficit increases by 4.3% in May amidst export challenges
The CAPMAS noted that exports decreased by 20.9 percent during May, recording $3.38 billion, compared to $4.28 billion for the same month in 2022.
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Egyptian-Greek trade up 5% YoY in 2022
Egyptian exports to Greece saw a 5.3% YoY increase last year, valuing at $1.7 billion, versus $1.6 billion.
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Egypt introduces new custom facilities to boost exports
Egypt’s Ministry of Finance announced in a statement on Monday new facilities for customs declarations and transits.
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Trade exchange bet. Egypt, Jordan reaches $980.4M in 2022
The CAPMAS noted that Egypt’s exports to Jordan rose 24 percent during 2022, reaching $726.5 million during 2022, compared to $711.1 million in 2021.
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Egypt, Turkey propose signing industrial cooperation MoU
The MoU should include exchanging technical expertise and providing technical training, pre-university and university education.
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Egypt adds EGP 2 bln to 6th phase of exporters support initiative
The Egyptian Cabinet approved allocating an additional EGP 2 billion ($64.73 million) for the sixth phase of the cash repayment initiative.