COMESA’s 2015 trade with Egypt hit $2.3 billion

The volume of trade exchange between Egypt and the Common Market of Eastern and Southern Africa (COMESA) surged to $2.3 billion in 2015, said Egyptian first deputy trade minister on Sunday.

Saeed Abdullah also said that trade exchange between Egypt and the COMESA was only $169 million in 1997.

Egypt’s exports to the COMESA countries reached $1.7 billion during 2015, notably in food, chemical, and engineering industries, as well as electrical appliances, and leather products, Abdullah added.

COMESA countries’ imports to Egypt recorded $593 million during 2015, notably in raw and feeding materials.

The COMESA includes 19 countries; Egypt, Libya, Sudan, Djibouti, Eritrea, Ethiopia, Comoros, Madagascar, Mauritius, Seychelles, Burundi, Kenya, Malawi, Rwanda, Uganda, Swaziland, Zambia, Zimbabwe, and Democratic Republic of the Congo.