Egyptian exports to the Kuwaiti market rose by 3.4% during the first half of 2014 to reach $172.6 million, from $166.8 million in the same period a year earlier, according to Youm7 gazette.
Ambassador Gamal Faisal, head of Egyptian representative office in Kuwait said the volume of Egypt’s imports from Kuwait rose 10.7%, or $2.3 million to $23.8 million in H1 from $21.5 million a year earlier.
He indicated that, however, the trade balance is still in the favor of Egypt, as it rose by 2.4% or $3.5 million to $148.8 million in H1-14 from $145.3 million in H1-13.
Although the Kuwaiti market is relatively small, it ranks as the third largest Arab market for Egyptian exports after Saudi Arabia and the UAE.
Ambassador Gamal Faisal, head of Egyptian representative office in Kuwait said the volume of Egypt’s imports from Kuwait rose 10.7%, or $2.3 million to $23.8 million in H1 from $21.5 million a year earlier.
He indicated that, however, the trade balance is still in the favor of Egypt, as it rose by 2.4% or $3.5 million to $148.8 million in H1-14 from $145.3 million in H1-13.
Although the Kuwaiti market is relatively small, it ranks as the third largest Arab market for Egyptian exports after Saudi Arabia and the UAE.
Source:
Mubasher
