Egypt's exports rise by 23% year-on-year in first 10 months of 2022

Egyptian exports reached $34.7 billion during the same period of 2021, CAPMAS reported, adding that the increase amounted to $8.1 billion.

The top ten importers included Spain and Turkey with commodities worth $3.1 billion each, followed by Italy with $2.8 billion and the US with $2 billion. Saudi Arabia came in fifth place with imports worth $2 billion.

Netherlands came sixth with imports worth $1.7 billion, followed by South Korea, France, and China with imports worth $1.6 billion, $1.95 billion, and $1.6 billion, respectively.

Finally, the UAE came in tenth, importing Egyptian commodities worth $1.5 billion, according to CAPMAS.

The top 10 commodities that Egypt exported during the period included liquefied natural gas (LNG), at a total value of $7.9 billion, fertilisers ($2.7 billion), crude oil ($2.6 billion) and petroleum products ($2.6 billion).