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The United States is the world’s largest importing country, with $2.6tn, followed by China with $2.1tn. However, the European Union is, collectively, the world’s largest importer, sending $6.5tn on imports.
Egypt’s exports hiked by 1.6% in May, reaching $2.68bn
The projects, worth €110m come as part of the €500 Single Support Framework (SSF) for EU to Egypt 2017-2020.
Tawfik opened the ‘Gosour for International Trade in Eastern and Central Africa’ conference in the presence of Minister of Trade and Industry, Amr Nassar, and Chairperson of the Arab Organization for Industrialization, Abdel-Moneim Al-Tara.
“We aim to increase Egyptian exports to Africa to 4% of continent’s imports,” says Nassar
We are committed to supporting Egypt’s reform agenda, says British ambassador
According to the bulletin, the deficit value of the trade balance reached $4.15bn during March 2019, versus the $3.77bn for the same month of previous year, which is an increase of 10.1%
Both countries’ economic reforms to positively reflect on development of joint cooperation, says Ukrainian ambassador
Many difficulties hinder Egyptian goods to access new markets like central Asia, says expert
The report added that the UAE is the largest Arab importer of Egypt’s products in February 2019, with a total export of $177.9m, compared to $202.4m during February 2018, a decrease of 12.10%
International Monetary Fund chief Christine Lagarde said trade tension was the “major” headwind facing the global economy, telling Japan’s Nikkei daily it was a “significant risk on the horizon.”
Vodafone’s expertise will play a pivotal role in the digital transformation of the healthcare service in Egypt and facilitate its accessibility to all Egyptians, the statement noted.
Fourteen countries account for 60.62% of Egypt’s foreign trade volume, led by China
Egypt trade deficit reached $3.63bn in February 2019, versus $3.72bn in the same month of the previous year, a decrease of 2.7%.
‘China will never yield to US pressure, will not compromise on matters of principle,’ says People’s Daily
The two entities to implement joint programme to increase the competitiveness of Egyptian product in local and foreign markets
Both countries are good models for promising economies, says Indian ambassador
‘We aim to increase these operations by 50% this year in line with state’s trend to increase exports,’ says Sherif
Possibility of free trade agreement between Egypt, US was one of the most prominent files receiving support from Egyptian business community, says Mohanna Egypt’s trade exchange with the United States rose to $7.54bn in 2018, according to latest US Census Bureau data, marking 34.16% increase compared to 2017. In 2018, Egypt’s exports increased by 26.93%, …
EU, Egypt are very important trade partners, says Surkoš
Al-Sisi received Al-Nahyan at Borg El Arab Airport in Alexandria early on Wednesday
Exports hike by 2.1% in same period, says CAPMAS
Volume of trade exchange between Cairo, Astana reached $80m in 2018
Egyptian Minister of Trade and Industry, Amr Nassar, met Siemens delegates headed by Emad Ghaly, CEO of Siemens Egypt, to follow-up on the implementation of memorandum of understanding (MoU) signed by ministries of industry and trade, education, and technical education and training with the Siemens Company. This is in order to improve the competitiveness of …
The Egyptian Commercial Service Office (ECS) plans to organise a trade mission to Uganda in March, according to Ahmed Antar, head of the ECS. Antar told Daily News Egypt that the ECS is organising several trade missions during the current year including to Kazakhstan and Turkmenistan. Furthermore, Antar elaborated that the trade missions will include engineering …
Bilateral trade exchange to increase by 20% per year, says former Chilean ambassador
Government adopts comprehensive development strategy until 2020 to improve competitiveness of local products, says Nassar