Trade exchange bet. Egypt, Jordan records $980M in 2022: CAPMAS

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Mon, 23 Oct 2023 - 10:47 GMT

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Mon, 23 Oct 2023 - 10:47 GMT

CAIRO – 23 October 2023:Trade exchange value between Egypt and Jordan witnessed a 7.10 percent increase in their to record $980.40 million in 2022 compared to $915.80 million in 2021, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

CAPMAS reported that Egypt's exports to Jordan reached $726.50 million in 2022, marking a 2.20 percent increase from $711.10 million in 2021.

Figures showed that the most important commodity groups that Egypt exported to Jordan during 2022 are fuel and mineral oils worth $155 million, and vegetables and fruits worth $69 million.

Egypt imported goods from Jordan valued at $253.90 million during the January-December 2022 period, representing an annual growth of 24 percent from $204.70 million.

In the fiscal year 2021/2022, remittances from Egyptians working in Jordan amounted to $792.90 million, exceeding the previous fiscal year's figure of $774.20 million by 2.40 percent.

The remittances of Jordanian citizens working in Egypt declined by 24.30 percent year-on-year, dropping to $9.60 million in fiscal year 2021/2022 from $12.70 million.

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