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Saudi trade surplus with Egypt reaches $33m

Saudi trade surplus with Egypt reaches $33m
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Riyadh - Mubasher: Saudi Arabia achieved a surplus in its trade balance with Egypt of $33 million (SAR 122 million) in the first quarter of 2018, according to the data of General Authority for Statistics.

Saudi non-oil exports to Egypt reached SAR 1.55 billion (EGP 7.4 billion) in Q1-18, against imports of SAR 1.4 billion (EGP 6.8 billion) during the same period.

Egypt came in 10th in the list of importers of Saudi products, with the United States coming in ninth.

On the other hand, Egypt was 19th in the list of exporters to the Saudi market.