Browsing: Egypt and Middles East Expo

Egypt, Saudi Arabia seal deals worth $7.7 bln on crown prince's visit www.theexchange.africa

According to data obtained from Egypt’s Central Agency for Public Mobilization and Statistics, the value of trade between Egypt and Saudi Arabia increased by 62.1 per cent to US$9.1 billion in 2021, up from US$5.6 billion in 2020. This figure represents a significant increase.

Increased by 17.3 per cent from US$1.9 billion in 2020 to US$2.2 billion in 2021, the value of Egyptian exports to Saudi Arabia reached US$2.2 billion in 2021.

The value of Egyptian imports from the Kingdom increased by 84.5 per cent, reaching US$6.9 billion in 2021, compared to US$3.7 billion in the previous year.