(Ecofin Agency) - Between January and November 2019, trade between Egypt and the rest of Africa slightly increased by 2.03%, reaching $131.35 million against $128.74 million the same period in 2018. Data were provided by the Central Agency for Public Mobilization and Statistics (Capmas).

On the continent, Kenya was Egypt’s leading trade partner with a trade volume of about $17.69 million at the end of November 2019 against $20.49 million the same period in 2018 (-13.67 pct YoY). South Africa came second with a trade volume of $6.52 million at the end of November 2019, against $4.64 million at the end of November 2018 (+40.52 pct YoY).

Meanwhile, trade between Egypt and the rest of the world during the first eleven months of 2019 reached about $5.34 billion against $6.36 billion for the same period in 2018, a decline by 16.04% year-on-year.