Egypt Exports to COMESA Increased 10.9% to $3.4 Billion
A recent report issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed the value of Egyptian exports to COMESA countries recorded $3.4 billion in 2022, compared to $3.1 billion in 2021, an increase of 10.9%.
The report added that the volume of Egyptian imports from COMESA countries to Egypt amounted to $1.9 billion in 2022, compared to $1.3 billion in 2021, an increase of 42.4%.
The Statistics Authority indicated that the value of trade exchange between Egypt and the COMESA countries increased to reach $5.3 billion in 2022, compared to $4.4 billion in 2021, an increase of 20.4%.
Libya topped the list of the top ten COMESA countries importing from Egypt during the year 2022; as the value of Egypt’s exports amounted to $1.2 billion, followed by Sudan at $929.2 million, Kenya at $355.7 million, Tunisia at $307.5 million, Djibouti at $113.2 million, Uganda at $108.2 million, Ethiopia at $103.1 million, Madagascar at $79.9 million, then Rwanda at $55.2 million, and finally Somalia $40.5 million.