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.