CAPMAS: Egypt's Exports to Turkey Rose By 32.3% in 2022; Bilateral Trade 14% UpSource: www.export-egypt.com 3/18/2023, Location: Africa |
|
|
|
|
|
Egypt's exports to Turkey grew by 32.3 percent recording $4 billion in 2022 compared to $3 billion in 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed .
However, Egypt's imports from Turkey plunged 0.7 per cent to $3.72 billion from $3.74 billion, according to a CAPMAS statement. Meanwhile, bilateral trade volume increased by 14 per cent, hitting $7.7 billion in 2022, compared to $6.7 billion a year earlier. Fuels, mineral oils, distilled products, plastics, non-organic chemicals, fertilizers, clothes, and electric appliances were the main exports in 2022, the agency said. In addition, Turkish investments in Egypt grew by 30.3 percent during the FY2021/2022, amounting $179.9 million, against $138.1 million during the previous fiscal year. Moreover, remittances sent by Egyptian expats in Turkey went up 32.3 per cent during the FY2020/2021, recording $21.5 million, against $16.3 million for the FY2019/2020, CAPMAS noted. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
