Egypt-Romania trade hits $3.6 bln in five years

The value of the bilateral trade between Egypt and Romania registered $3.6 billion (64.54 billion Egyptian pounds) from 2013 to 2017.

The trade deficit between both countries declined to $340.2 million last year, according to the Middle East News Agency (MENA).

Egypt’s exports to Romania reached $480 million in the last five years, while it’s imports from the European country recorded $3.164 billion in the same period.

Romanian businesses invest in 60 projects in the North African country, with a total issued capital of $223.9 million, MENA revealed.