Egypt’s exports to Tanzania rise 75% in 2018

Egypt’s exports to Tanzania jumped 75 percent during 2018, recording $42 million, compared to $24 million in 2017, according to the Commercial Representative Office in Tanzania.

This percentage is the highest increase in the volume of Egyptian exports to Tanzania in more than 5 years, the office revealed.

According to the Office data, a number of new Egyptian exports to the Tanzanian market entered during 2018, including pest control rodents by $533,000, iron and steel by $506,000, prefabricated buildings worth $931,000, wires of cast iron and steel by $706,000.

The Commercial Representation Office in the Tanzanian capital Dar es Salaam, headed by Trade Secretary Mohammed Abdel Maged, arranged and organized a promotional mission to Tanzania for a number of Egyptian companies that are members of the Export Council for Engineering Industries during the period 16-20 June 2019, in cooperation with the Egyptian Exporters Association Expolink.

These efforts led to 87 work meetings for Egyptian companies with their Tanzanian counterparts.“The main commodities promoted by this mission include: household utensils, lighting lamps, kitchen equipment for the purpose of processing hotels, prefabricated walls, Agricultural harvesting, sorting machines, electric transformers and cooling systems for industrial use.”

The increase in the volume of Egyptian exports to Tanzania is a reflection of the close relations between the two countries, especially after the visit of President Abdel Fatah al-Sisi to Tanzania in response to the invitation of his Tanzanian counterpart in August 2017.

Source: Egypt Today