Egypt, Kenya trade reaches $567m in ’24

Egypt’s President Abdel Fattah El-Sisi received Kenyan President William Ruto on Wednesday to discuss cooperation frameworks and strengthen bilateral relations.

Trade exchange between the two countries reached $567 million in 2024, compared to $638 million in 2023, according to CAPMAS data. Egyptian exports to Kenya amounted to $307 million in 2024, down from $327 million in 2023, while imports from Kenya stood at $260 million in 2024, compared to $311 million in 2023.

Top Egyptian Exports to Kenya in 2024

The most significant Egyptian exports to Kenya included:

  • Paper and paperboard products worth $39 million
  • Electrical machinery and equipment worth $28 million
  • Various food preparations worth $26 million
  • Plastics and articles thereof worth $23 million
  • Iron and steel worth $22 million

Top Egyptian Imports from Kenya in 2024

Egypt’s main imports from Kenya were:

  • Coffee, tea, and spices worth $242 million
  • Fruits and edible nuts worth $6 million
  • Paper and paper products worth $5 million
  • Live trees and other plants worth $4 million

Remittances and Investments

Remittances from Egyptians working in Kenya reached $9.2 million in the 2023/2024 fiscal year, up from $7.6 million in 2022/2023. Meanwhile, remittances from Kenyans working in Egypt amounted to $1.2 million in 2023/2024, compared to $958,000 in 2022/2023.

Kenyan investments in Egypt rose to $558,000 in 2023/2024 from $146,000 in 2022/2023. However, Egyptian investments in Kenya declined to $453,000 in 2023/2024 from $10.5 million in 2022/2023.

Population Figures

The Egyptian mission estimated the number of Egyptians residing in Kenya at around 1,000 by the end of 2023.

Attribution: Amwal Al Ghad Enlgish

Subediting: M. S. Salama

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