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Egypt-Germany bilateral trade records $5.1bn in 2018

Egypt-Germany bilateral trade records $5.1bn in 2018
Egypt’s exports to Germany grew 10.6%

Cairo – Mubasher: Trade exchange between Egypt and Germany reached $5.12 billion in 2018, according to Ahram Online.

German investments in the North African country reached around $7.4 billion at the end of June 2018, Egyptian Cabinet’s data showed.

Egypt’s exports to Germany grew 10.6% to $410.97 million in the first quarter of 2019, compared to $371.39 million in the year-ago period.

Egyptian oil exports to Germany went up 23.5% to $191.44 million in Q1-19 versus $155.04 million the year before.