Trade exchange between Egypt, African Union countries record $5.5B in 2021 - News Summed Up

Trade exchange between Egypt, African Union countries record $5.5B in 2021


CAIRO - 17 November 2022: Trade Exchange between Egypt, the African Union countries increased by 38.2 percent in 2021 on an annual basis, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). This came on the occasion of African Statistics Day, which falls on November 17 of each year. The CAPMAS stated that total Egyptian exports to the African Union countries amounted to $5.487 billion in 2021, compared to $3.985 billion in 2020, marking an increase of 37.7 percent. The highest values ​​were concentrated in five African countries with a rate of 64.6 percent of the total of this bloc. Regarding Egypt's imports from the African Union, the total imports amounted to $1,994 million in 2021, compared to $1,430 million in 2020, with an increase of 39.4 percent.


Source: Libya Today November 17, 2022 17:01 UTC



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