Egypt - The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced that the trade exchange between Egypt and the BRICS countries increased to $31.2bn in 2022, compared to $28.3bn in 2021, a growth of 10.5%. The BRICS countries are Brazil, Russia, India, China, and South Africa. The agency said that the value of Egyptian exports to the BRICS countries increased to $4.9bn in 2022, compared to $4.6bn in 2021, an increase of 5.3%, while the value of Egyptian imports from BRICS countries amounted to $26.4bn compared to $23.6bn, an increase of 11.5%. According to the agency, India came at the top of the list of the highest BRICS countries importing from Egypt during the year 2022. It explained that the investments of the BRICS countries in Egypt amounted to $891.2m during the fiscal year 2021/2022, compared to $610.9m during the fiscal year 2020/2021, an increase of 45.9%.
