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Egypt-US Trade Exchange Up 8 Percent in 1st Half of 2019

Source: www.export-egypt.com 9/22/2019, Location: Africa

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The volume of trade exchange between Egypt and the US hit $ 3.7 billion in the first half of 2019 against $ 3.4 billion in the corresponding period in 2018, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

In a statement , CAPMAS said Egypt's exports to the US stood at $ one billion in the first half of 2019 against $ 841.784 million in the same period in 2018 at a 19.9 percent rise.

Egyptian imports to the US recorded $ 2.7 billion in the first six months of 2019 at a 4.1 percent uptick in comparison with the same period in 2018.

The net US investments in Egypt in the first half of the 2018-2019 fiscal year reached $ 1.70 billion at a 5.2 percent rise in comparison with the same period in the 2017-2018 fiscal year.

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