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Egypt’s Nile Basin exports climb 72% in 2017 – CAPMAS

Egypt’s Nile Basin exports climb 72% in 2017 – CAPMAS
Egypt’s Nile Basin exports climb 72% in 2017 – CAPMAS

Mubasher: Egypt’s exports to Nile Basin states jumped 72.1% year-on-year in 2017, the Central Agency for Public Mobilization and Statistics (CAMPAS) reported on Monday.

Exports from Egypt to the its Nile Basin neighbours totalled EGP 19.9 billion ($1.11 billion) last year, compared with EGP 11.6 billion in 2016, CAPMAS said in its annual bulletin titled Trade Exchange between Egypt and the Nile basin Countries in 2017.

Meanwhile, imports from those countries rose 43.5% and reached EGP 6.8 billion in 2017, compared with EGP 3.9 billion in the prior year.

Nile Basin countries include Sudan, South Sudan, Ethiopia, Uganda, Congo, Kenya, Tanzania, Rwanda, Burundi, and Eritrea.

Sudan was the top importer of Egypt’s products, with a total value of EGP 8.1 billion last year, compared with EGP 6 billion in 2016, the data showed.

Meanwhile, Kenya was Egypt’s top exporter during the year, with a total value of EGP 4.7 billion, up 57.2% year-on-year from EGP 3 billion.

Sudan ranked the second top exporter to Egypt, whose imports jumped 158% to EGP 1.9 billion in 2017 from EGP 700 million in the preceding year.