Egypt’s exports to COMESA, excluding Nile Basin states, hit $8.4 mln

Egypt’s exports to the Common Market for Eastern and Southern Africa (COMESA), excluding Nile Basin countries, rose to $8.4 million during May, a state statistics agency CAPMAS report showed Monday.

In May 2015, Egypt’s exports stood at $5.8 million.

The country’s total volume of trade with COMESA countries, excluding Nile Basin states, fell 6.3 percent y-o-y to $26.5 million in May 2016, compared to $28.3 million in May 2015.

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.

Djibouti was the top importer during May 2016, as Egypt’s exports to the Horn of African country reached $3.7 million versus $1.4 million last year.

Egypt’s exports to Mauritius recorded $1.5 million compared to $1.1 million last year. Exports to Zambia also surged to $1.4 million versus $881,800 in May 2015.

In addition, exports to Zimbabwe dropped to $731,500 compared to $1.5 million in May 2015.

The Egyptian exports to the rest of the COMESA countries, excluding the Nile Basin states, hiked to $1.1 million, from $842,300 in May 2015.

Meanwhile, Egypt’s imports from COMESA, excluding Nile Basin countries, dropped to $18.2 million in May 2016, from $22.5 million in May 2015, the report added.

Zambia has topped exporter to Egypt during May 2016.

Egypt’s imports from Zambia reached $17.5 million, compared to $21.4 million in May 2015.

Imports from Mauritius rose to around $239,900 in May 2016 versus $143,400 in the same period last year. Imports from Malawi recorded $194,400, while from Comoros stood at around $109,500.

Moreover, Egypt’s imports from the rest of COMESA countries, excluding the Nile Basin states, reached around $97,400.

Leave a comment