CAPMAS: Trade Exchange Between Egypt, Qatar Increased By 76.2% in 11 Months

by nevine

Data from the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the value of trade exchange between Egypt and Qatar increased to $80.1 M in the first 11 months of 2022, compared to $45.5 M in 2021, recording an increase of 76.2%.

 

Moreover, the value of Egyptian exports to Qatar amounted to $19.7 M in 2022 compared to $3.5 M in 2021, with an increase of 458.3%, while the value of Egyptian imports from Qatar amounted to $60.4 M, compared to $42 M, recording a rise an increase of 44.1%.

 

According to the agency, the most important commodity groups exported by Egypt to Qatar in 2022 included plastic products worth $4.9 M, furniture with a value of $3.4 M, machinery and electric appliances worth $2.8 M, iron and steel products worth $2 M, glass and its products worth $1.6 M.

 

On the other hand, the most important commodity groups imported by Egypt from Qatar included iron and steel worth $20.5 M, plastics and its products worth $20.4 M, chemical products worth $5 M, organic chemical products worth $4.7 M, machinery and electrical appliances worth $3.7 M.

 

The agency also indicated that the value of Qatari investments in Egypt amounted to $518.3 M in FY 2021/22, compared to FY 2020/2021 at $507.9 M, a decrease of 2%.

 

Meanwhile, the value of remittances from Egyptians working in Qatar increased to $1.5 Bn, compared to $1.3 Bn, an increase of 14.3%.


Additionally, the value of Qatari remittances from Egypt amounted to $1.8 M, compared to $2.8 M, a decrease of 34%.

 

You may also like

Leave a Comment

Subscribe Now To Get Our Latest News

Top 50 Women Forum is the first platform in Egypt to work exclusively on empowering women professionals, with the purpose of strengthening their contribution development & decision-making processes.

Subscribe Now To Get Our Latest News