(Ecofin Agency) - Last year, Egypt shipped a total of $4.7 billion worth of goods towards the rest of Africa, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed. Compared to the $3.71 billion in 2017, this figure is up 26%.
Algeria, Libya, and Morocco formed the top 3 biggest importers of Egyptian products over the period consuming $979.2 million, $635.9 million and $501.6 million respectively. According to official data, Egyptian imports from the rest of Africa went up as well. They reached $2.2 billion in 2018, making an increase of 18.9% compared to $1.85 billion the previous year.
Egyptian exports to the rest of Africa mainly include natural gas and non-oil products such as ready-made clothing, cotton textiles, medical and petrochemical products, citrus fruits, rice, and dried onions, and more recently cement, steel and ceramics.