Egypt’s COMESA exports climb to US$9.1mn in June

Egypt’s exports to the Common Market for Eastern and Southern Africa (COMESA), excluding the Nile Basin states, surged in June this year to US$9.112 million, according to state-run statistics agency CAPMAS.

In June 2014, Egypt’s exports to those markets hit US$8.143 million.

In its monthly bulletin, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported Saturday that Egypt’s imports from the COMESA countries also jumped in June this year to US$19.996 million, compared to US$4.486 million for the same period a year earlier.

The COMESA includes 20 countries; Egypt, Libya, Sudan, Djibouti, Eritrea, Ethiopia, Comoros, Madagascar, Mauritius, Seychelles, Burundi, Kenya, Malawi, Rwanda, Uganda, Swaziland, Zambia, Zimbabwe, Democratic Republic of the Congo, and South Sudan.

Egypt’s exports to Zimbabwe recorded US$1.495 million in the same month, up from US$884,000 a year earlier, the report added.
Exports to Zambia also increased to US$2.289 million in June 2015 versus US$2.001 million in June 2014.
The Egyptian exports to the rest of the COMESA countries had registered US$1.853 million in June 2015, up from US$1.133 million in June 2014.

In addition, exports to Mauritius retreated to US$1.883 million in June 2015, opposed to US$2.454 million in the same month a year earlier.

Egyptian imports from Zambia climbed to US$18.527 million in the same month, compared to US$4.214 million last year. Imports from Malawi inched higher to US$1.212 in June 2015, compared to US$62,000.
Moreover, Egypt’s imports from the rest of COMESA countries grew to US$256,000 in June 2015, up from US$209,700 in June 2014.