CAIRO - 26 April 2023: Trade Exchange and the markets of the African continent amounted to $2.117 billion during the first quarter of 2023, according to the Egyptian Minister of Trade and Industry, Ahmed Samir.
Samir explained, in an official statement, that the value of Egyptian exports to the continent amounted to $1.611 billion, and the value of Egyptian imports from the continent amounted to $506 million.
A report from the General Authority for Export and Import Control on trade exchange between Egypt and the African continent during the first quarter of 2023 stated that the ministry is working during the current stage to achieve economic integration between the countries of the continent of Africa and to overcome obstacles that may hinder the movement of trade between countries.
For his part, Issam al-Najjar, head of the General Authority for Export and Import Control, said that the top five receiving markets for Egyptian exports included Libya with a value of $317 million, Sudan with a value of $226 million, Algeria with a value of $217 million, Morocco with a value of $191 million, and Tunisia with a value of $86 million.
In addition to printing, packaging, paper, books, and artistic works with a value of $98 million, agricultural crops with a value of $80 million, spinning and textiles with a value of $47 million, furniture with a value of $24 million, furnishings with a value of $18 million, ready-made garments with a value of $15 million, and handicrafts with a value of $14 million.