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Egypt-EU bilateral trade rises to $29.6bln in 2021

The trade exchange value between Egypt and the European Union (EU) member countries surged by 24.50% to $29.60 billion in 2021, versus $23.80 billion in 2020, Egypt’s Cabinet cited the Minister of Trade and Industry, Ahmed Samir. The minister pointed out that the EU is the second largest market importing from Egypt on a global level. Furthermore, Samir highlighted the Egyptian government’s objective to transfer advanced European industrial technologies to the Egyptian industry and attract more investments from Europe to the Arab Republic.

Link: https://www.zawya.com/en/economy/north-africa/egypt-eu-bilateral-trade-rises-to-296bln-in-2021-x1s1enkw

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