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Egypt Exports to South Africa Up 69 Pct In 2017
Source: 4/16/2018

Egypt-South Africa trade reached $315 million in 2017. A recent report by the Egyptian commercial office in Pretoria showed that Egypt’s exports to South Africa increased notably in 2017, posting a 69 % increase, Minister of Trade and Industry Tarek Kabil said.

Egyptian exports, he pointed out, amounted to $99 million, compared to $58.5 million in 2016. Imports, on the other hand, declined 14%, standing at $181 million, down from about $210 million a year earlier.

As a result, trade between the two countries grew to hit $315 million last year, up 17.5 % from $268 million in 2016, he added.

According to the report, the top Egyptian exports to the South African market that witnessed a leap in 2017 included: nonwoven fabric, polymers, calcium carbonate and fresh grapes.

Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 

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