Trade exchange between Egypt, Nile basin countries increased by 25.4% in 2018

CAIRO, Nov 24 (MENA) - The volume of trade exchange between Egypt and the Nile Basin countries reached dlrs 1.872 bn in 2018, compared to dlrs 1.493 bn in 2017, with an increase of 25.4%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS).

This was stated in its annual bulletin for trade exchange between Egypt and its fellow Nile Basin countries in 2018 which presents and analyses the volume of trade (exports – imports) with Nile Basin countries, including Sudan, Ethiopia, Uganda, Congo, Kenya, Tanzania, Rwanda, Burundi, and Eritrea.

Sudan ranked first in terms of exports, with a value of dlrs 399.3 million in 2018, representing 33.3 percent of the total trade volume with the Nile basin countries. Kenya ranked second, followed by Ethiopia, Eritrea and Uganda.

CAPMAS noted that the total value of imports from Nile Basin countries reached dlrs 668 million in 2018, compared to dlrs 380 million in 2017, with an increase of 75.8%.

Kenya ranked first in terms of imports with a value of dlrs 287.3 million in 2018, representing 43 percent of the total imports of the Nile basin countries. Sudan comes second, followed by Congo, Ethiopia and then Uganda.

The most important items that were imported included coffee, tea, and spices as well as living animals, cotton, oil seeds, medical plants and fodder.