Trade exchange between Egypt, COMESA countries increases to $5.3bln in 2022: CAPMAS

Trade exchange between Egypt, COMESA countries increases to $5.3bln in 2022: CAPMAS

Egypt - The Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that the value of trade exchange between Egypt and the COMESA countries increased to $5.3bn in 2022, compared to $4.4b in 2021, an increase of 20.4%.

The agency indicated that the value of Egyptian exports to the COMESA countries increased to $3.4bn in 2022, compared to $3.1bn in 2021, an increase of 10.9%, while the value of Egyptian imports from the COMESA countries amounted to $1.9bn during 2022 compared to $1.3bn in 2021, with an increase of 42.4%.

According to the agency, Libya topped the list of the top ten COMESA countries importing from Egypt during 2022, as the value of Egypt’s exports amounted to $1.2bn, followed by Sudan with $929.2m, then Kenya with $355.7m, then Tunisia with $307.5m, then Djibouti with $113.2m, then Uganda $108.2m, then Ethiopia $103.1m, then Madagascar $79.9m, then Rwanda $55.2m, and finally Somalia $40.5m.

Regarding the most important commodity groups that Egypt exported to the COMESA countries in 2022, the agency clarified that chemical products and plastics came in first place with a value of $1.1bn, then animal and plant products with a value of $782.3m, then marble, stones, ceramics and glass with a value