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Sunday, 7 July 2019

Egypt’s exports into Africa climb 26.9% y-o-y to USD 4.7 bn in 2018

Egypt’s exports to the rest of Africa climbed 26.9% y-o-y to USD 4.7 bn in 2018, up from USD 3.7 bn in 2018, according to CAPMAS figures cited by Al Masry Al Youm. North Africa and Sudan accounted for the lion's share of exports into the continent. Egypt’s imports from African nations for the year totaled USD 2.1 bn, up 15.2% y-o-y from USD 1.9 bn in 2017. Algeria was also Egypt’s top importer, having imported USD 397.7 bn-worth of goods last year, followed by Kenya, Zambia, and Sudan.

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