Egyptian exports to Romania increase by 51.1%

Egyptian exports to Romania increased by 51.1% to $100.4m in the first half of 2021 (H1 2021), up from $66.5m in the same period in 2020, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

In a Wednesday report, CAPMAS said that Egyptian imports from Romania amounted to $339.5m in H1 2021, compared to $418.3m during the same period in 2020, a decrease of 18.9%.

The total trade exchange between Egypt and Romania recorded $439.9m in the first half of 2021, compared to $484.8m in the same period a year earlier.

 The report indicated that remittances from Egyptians working in Romania recorded $4.8m during FY 2019/2020, compared to $3m in FY 2018/2019, an increase of 62.2%. On the other hand, remittances of Romanians working in Egypt amounted to $1.6m during FY 2019/2020, compared to $2.6m during the fiscal year 2018/2019, a decrease of 36.2%.