A recent report by the Egyptian Trade Office in Brussels has revealed that Egyptian non-oil exports to Europe rose by 4 per cent during the first half of 2016. Egyptian exports amounted to 2.35 billion Euros during that period, compared to 2.26 billion Euros during the same period in 2015.
The report also indicated that imports from Europe to Egypt went down from 10.89 Euros during the first half of 2015 to 10.41 Euros during the same period in 2016; the decrease amounts to some 4 per cent.
The main Egyptian exports have been fertilisers, fruit and vegetables, electric instruments, organic chemicals, paper products, and textiles. There have also been a number of non-traditional exports in the vehicle industry; this sector saw a 124 per cent growth in exports compared to the previous year.
Holland and France have been the two biggest importers of Egyptian goods, with exports to the former increasing by 21 per cent, and the latter by 20 per cent.
16 October 2016