Egypt’s exports to Nile basin countries hit 19.9bn pounds in 2017

Egypt’s exports to Nile basin countries reached 19.9 billion pounds in 2017 from 11.6 billion pounds in 2016, with an increase of 72.1 percent, said the state-owned statics agency CAPMAS on Monday.

The Nile basin states group Egypt, Sudan, South Sudan, Ethiopia, Uganda, Congo, Kenya, Tanzania, Rwanda, Burundi, and Eritrea.

In its annual bulletin titled “Trade exchange between Egypt and the Nile basin countries in 2017”, CAPMAS added that Egypt’s imports from those countries hit 6.8 billion pounds in 2017 against 3.9 billion pounds in 2016, up 43.5 percent.

The agency added that Sudan topped the list of African countries receiving Egypt’s exports, with a total value of 8.1 billion pounds in 2017 versus 6 billion pounds in 2016, registering a 35.9 percent increase.

Sudan imported from Egypt plastics, iron and sugar.

Kenya came in the second place with imports worth 5.3 billion pounds in 2017, compared to 2.8 billion pounds in 2016, with an increase of 88.4 percent.

Egypt’s exports to Nairobi included sugar, soap, shampoos, and artificial waxes.

With regard to Egypt’s imports from those countries, Kenya topped the list with a total value of 4.7 billion pounds in 2017, against 3 billion pounds in 2016, recording an increase of 57.2 percent.

Cairo’s imports from Kenya included coffee, tea and spices.

Sudan ranked second in the list of Egypt’s imports, with a total value of 1.9 billion pounds in 2017, versus 700 million pounds in 2016, with an increase of 158.0 percent.

Egypt’s imports from Sudan involved livestock, cotton, seeds, olives, medicinal plants, and fodder.

Source: MENA