ICEC

Romania-Egypt trade exchange falls to $600 million in 11 months

Trade exchange between Egypt and Romania fell to $600 million during the first 11 months of 2016, said Minister Counsellor Mihai Burghel, from the Commercial Office at the Romanian embassy in Cairo.

During the first 11 months of 2015, trade exchange between the two countries stood at $770.4 million.

Burghel further said during his meeting on Wednesday with officials in the Egyptian Businessmen Association that Egypt’s exports to Romania are estimated at $92.7 million; while imports reached $507.3 million.

Romania’s wheat exports to Egypt recorded $230 million; whereas the North African country’s fuel exports from Bucharest reached $100 million, the Romanian official added.

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