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Egypt-US non-oil trade rises 33% in 9M

Egypt-US non-oil trade rises 33% in 9M
Non-oil trade between the two countries recorded $5.059 billion during the January-September period of 2018

Cairo – Mubasher: Trade exchange between Egypt and the US rose by 33% year-on-year during the first nine months of this year, the Egyptian trade minister said on Tuesday.

Non-oil trade between the two countries recorded $5.059 billion during the January-September period of 2018, compared to $3.79 billion in the same period last year, Amr Nassar added in a statement.

Egyptian exports to the US market amounted to $1.18 billion at the end of September, up from $961 million in the nine-month period of 2017, Nassar highlighted.

Meanwhile, the North African nation’s imports from the US grew to $3.87 billion from $2.83 billion during the same period.

This came on the sidelines of a meeting held in Cairo between Nassar and a delegate from the US Department of Commerce headed by the acting deputy undersecretary of commerce for international trade Sarah Kemp.