Latest in Tag: trade Highlight
Latest in Tag: trade
42.2% increase in Egypt’s trade exchange with Sahel, Sahara countries in 2021
Egyptian exports to Sahel, Sahara countries amount to $4.084bn
Zimbabwe open for business, hopes to boost trade with Egypt: Finance Minister
Egypt and Zimbabwe share a long history dating back to the 1960s, as most Zimbabwean liberation fighters lived and trained in Egypt
Non-oil trade exchange between Egypt, UAE exceeds $3.8bn in 5 months
UAE is Egypt’s second largest trading partner in Arab region
28.7% decrease in Egypt’s trade deficit in July 2022: CAPMAS
Egypt’s exports increased by 2.2% as it reached $3.13bn during July 2022, versus $3.07bn in the same month of 2021, due to an increase in the value of some commodities, such as petroleum products by 89.4%, fertilizers by 6.7%, plastics in their primary forms by 3.4%, and fresh fruits by 11.4%.
Trade exchange between Egypt, NZ reaches NZ$424 ($260m) by July 2022
We are studying the possibility of exporting Egyptian mangoes to NZ: Ambassador
12.4 % decrease in trade deficit in June 2022
Egypt’s exports decreased by 3.3% to $3.75bn during June 2022, versus $3.88bn for the same month of previous year, due to a decrease in value of some commodities such as: fertilizers by 20.9%, pasta and food preparations by 8.7%, flat-rolled products of iron or steel by 31.7%, bars- rods- angles and wires of iron by 6.8%.
Egypt’s foreign trade volume increased to about $98.476bn by the end of March 2022: CBE
An increase of about $26.755bn from March 2021
35.8% decrease in Egypt’s trade deficit in May 2022
The trade deficit reached $2.61bn during May 2022, versus $4.06bn in May 2021, a decrease of 35.8%.
Newly appointed Trade Minister prioritises improving competitiveness of Egyptian product, deepening local manufacture
He said that the ministry will work in full swing in order to restore the status of Egyptian products, developing existing industries and attracting investments to implement new industrial projects, with a focus on meeting the needs of the local market.
53% decrease in April 2022’s trade balance
Meanwhile the value of exports increased by 54.2%, recording $4.94bn, versus $3.20bn, due to an increase in the value of some commodities, such as petroleum products by 204.3%, crude oil by 14.8%, Ready-made clothes by 34.7%, and fertilisers by 10.3%.
Brazil is Egypt’s largest trading partner in Latin America, trade exchange of $2.5bn in 2021: Trade Minister
Distinguished investment opportunities for Brazilian business community in Egypt in manufacturing means of transportation, spare parts, pharmaceuticals, engineering, textile, along with new and renewable energy
Egypt, EAEU discuss launching new free trade agreement
The minister added that the last period witnessed the holding of four rounds of negotiations between Egypt and the EAEU.
Egypt’s trade deficit decreases by 39.7% in March 2022
Egypt’s trade deficit recorded $2.26bn in March 2022, down from March 2021’s $3.74bn — a decrease of 39.7% — according to the Central Agency for Public Mobilisation and Statistics’ (CAPMAS) monthly Foreign Trade Data Bulletin for March 2022, which was released on Monday. Also, the value of exports increased by 44.1%, reaching $5.48bn, up from …
Egypt committed to supporting multilateral trading system: Trade Minister
During activities of the 12th Ministerial Meeting of the World Trade Organisation (WTO), the minister said that the WTO has an important role in developing international trade rates, developing value chains, and integrating developing and least developed countries into the international economy.
We are working to increase trade exchange between small enterprises in Egypt and Africa: Trade Minister
Breaking into the African market is one of the most important axes of the MSMEDA’s action plan
Egypt records 29.4% decrease in trade deficit during February 2022
Meanwhile, the value of some exported commodities decreased, including fresh oranges by 31%, miscellaneous edible preparations by 11.7%, dairy products by 6%, and carpets and Kelem by 4.3%.
China’s trade with RCEP members sustains steady growth
Trade between China and members of the Regional Comprehensive Economic Partnership (RCEP) has seen steady growth since the trade agreement took effect at the beginning of this year, the latest official data showed. According to the General Administration of Customs (GAC), China’s trade with the other 14 member states expanded 6.9 percent year on year …
Egypt’s trade deficit decreases 21.6% in December 2021: CAPMAS
The Central Agency for Public Mobilisation and Statistics issued on Tuesday its monthly Foreign Trade bulletin for December 2021.
Egypt, Bangladesh to launch direct flights in April targeting intra-regional trade stimulation
Egypt-Bangladesh trade exchange registers $132.5m in 2020: FEDCOC’s Ibrahim Al-Araby
63.1% decrease in trade deficit during November 2021
The value of exports increased by 80.6% to $4.48bn in November 2021, compared to $2.48bn in November 2020, due to a price increase of some commodities, such as fertilizers by 83.3%, plastics in their primary forms by 51.9%, fresh fruits by 50.2%, and ready-made clothes by 31.5%.
Egypt’s trade ministry will organise 25 trade exhibitions outside Egypt in 1H 2022
Ministry of Trade and Industry is considering the land allocation system to determine the extent of the seriousness of investors, says Gamea
Egypt-Senegal trade exchange reaches $61.2m in 10M 2021: CAPMAS
Meanwhile, the value of Egyptian imports from Senegal increased to reach $1.8m in the same period, compared to the $1.6m reached in the first 10 months of 2020, an increase of 10.6%.
Egypt-Ukraine trade exchange forecasted to exceed $2bn in 2021: Chargé d’affaires
Ukraine considers Egypt key country in maintaining peace, stability in Africa, Middle East
22.5% decrease in trade deficit during September 2021
Egypt’s exports increased by 36.6% to $3.45bn during September 2021, versus $2.53bn in September 2020, due to an increase in value of some commodities such as: fertilizers by 90.2%, iron rods by 57.0%, dough and food preparations by 31.5%, and ready-made clothes by 22.6%.
23.8% increase in Egypt-Spain trade exchange during 9M 2021
Both countries discuss ways to enhance cooperation in trade, industry and investment
Trade exchange between Egypt, COMESA countries records $3bn in 2020: Cabinet
Egypt’s exports to Libya, Kenya, Sudan, Ethiopia, and Tunisia have largest export potential in 2025, estimated at $2.3bn
Egypt-Mexico trade exchange projected to exceed $200m by 2021-end: Mexican Ambassador
Business mission from US, Mexico will visit Egypt in February 2022 to explore investment opportunities in 3 sectors, says Jose Octavio Tripp
17.7% decrease in Egypt’s trade deficit during August 2021
Exports value increases by 50.5% to $3.26bn in August 2021
Trade between Egypt, G20 records $36bn in 1H2021: CAPMAS
Data from the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that Egyptian exports to the G20 countries increased by 39.2% to $9bn in 1H 2021, up from $6.5bn in the same period in 2020.
Egyptian-Greek trade exchange increase by 112.8% in H1 2021
On the other hand, Egyptian imports from Greece increased by 2.6% to $209.1m during the first half of 2021 compared to $203.8m in H1 2020