Egypt, Indonesia trade exchange increases by 21%

Egypt and Indonesia’s trade exchange has increased by 21% compared to the previous year, with a value of $258m, according to Amin Sabry, Egyptian Trade Commissioner at the Egyptian Embassy in Jakarta.

Sabry added that, in light of growing relations between the two countries, there are strong efforts to increase commercial exchange and improve trade balance in Egypt’s favour during the coming phase, state-run news agency MENA reported.

According to the Egyptian non-petroleum Foreign Trade Monthly Digest report for March 2015, Egyptian exports to Indonesia included building materials, agricultural crops, food commodities, amongst others.

Meanwhile Egypt’s imports from Indonesia include chemicals and fertilisers, readymade clothes, weaving and textiles, furniture, leather products and others.