Egypt-Saudi Arabia bilateral non-oil trade rose to $4.4 billion by 2020-end

Egypt-Saudi Arabia Bilateral non-oil trade rose to $4.4 billion last year from $4.1 billion a year earlier, reflecting `the strength in the relationship between the two countries the Minister of Trade and Industry, Nevine Gamea, said in a statement.

Egypt’s exports to the Saudi market grew by 13 percent to $2.6 billion in 2020, compared to $2.3 billion a year earlier.

Although the overall Saudi imports declined by 9 percent annually during 2020 due to the repercussions of the pandemic, Egypt’s exports to the kingdom, especially agricultural and food products, have increased significantly due to their high competitiveness,