$ 3.5bn Egypt’s exports to Gulf countries in 8 months

Mohamed Samir
2 Min Read

The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that Egypt’s total exports to the Gulf countries during the period from January to August 2017 was worth $3.5bn.

On the other hand, the total value of exports to those countries during the same period last year was $3.4bn.

CAPMAS’ latest foreign trade report, for the period from January to August 2017, stated that the United Arab Emirates (UAE) ranked the first among six Gulf Cooperation Council (GCC) countries, which exported goods and products, during the period mentioned, of high export value.

The report showed that Egypt’s total exports to the UAE, in the first eight months of the current year, amounted to $1.9bn of the total value of exports to the Gulf countries.

CAMPAS pointed out that Egypt’s exports to Saudi Arabia reached about $1bn during the period from January to August 2017, compared to$1.1bn in the same period last year, while exports to Bahrain amounted to $40.6m dollars, compared to $35.5m in the same period last year.

Also, Egypt’s exports to Oman during the first eight months of this year amounted to $117m, compared to $90.8 m during the same period last year, while the value of exports to Qatar reached $208.4 m, compared to $184.3m in the same period last year.

Finally, Egypt’s exports to Kuwait amounted to $238.5 m during the mentioned period of this year, compared to $240.2 m in the same period of 2016.

Share This Article
Mohamed Samir Khedr is an economic and political journalist, analyst, and editor specializing in geopolitical conflicts in the Middle East, Africa, and the Eastern Mediterranean. For the past decade, he has covered Egypt's and the MENA region's financial, business, and geopolitical updates. Currently, he is the Executive Editor of the Daily News Egypt, where he leads a team of journalists in producing high-quality, in-depth reporting and analysis on the region's most pressing issues. His work has been featured in leading international publications. Samir is a highly respected expert on the Middle East and Africa, and his insights are regularly sought by policymakers, academics, and business leaders. He is a passionate advocate for independent journalism and a strong believer in the power of storytelling to inform and inspire. Twitter: https://twitter.com/Moh_S_Khedr LinkedIn: https://www.linkedin.com/in/mohamed-samir-khedr/