Egypt tops list of African states in service exports, comes 2nd in maritime routes: UNCTAD - News Summed Up

Egypt tops list of African states in service exports, comes 2nd in maritime routes: UNCTAD


CAIRO – 26 December 2022: Egypt has topped African countries regarding services exports in 2021 by around $20 billion, said a report by the United Nations Conference on Trade and Development (UNCTAD) in December. Egypt has achieved a huge growth in services exports by 45.5 percent year-on-year in 2021, said the report. Morocco followed Egypt in services exports then Ghana, South Africa, and Ethiopia. In maritime routes, Egypt was preceded by Morocco and followed by South Africa then Ghana then Togo. Earlier this month, Egypt has announced a plan to develop Egyptian commodity exports to African countries to reach $15 billion during the coming few years.


Source: Libya Today December 26, 2022 19:13 UTC



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