Samir discussed the development of trade exchange between Egypt and these countries during 2022. The minister said that the volume of trade exchange between Egypt and Germany in 2022 amounted to approximately €5.5bn. Egyptian commodity imports from Saudi Arabia increased by 16%, reaching roughly $3bn in 2022 compared to about $2.58bn in 2021, according to Samir. The minister pointed out:“Egyptian exports to the French market increased by 136% in 2022, reaching €2.16bn, compared to about €917m in 2021. Egyptian exports to the United Kingdom achieved unprecedented growth during 2022, with an increase of 83%, amounting to £1.686bn, compared to about £921m in 2021.

Source: Daily News Egypt May 17, 2023 20:20 UTC