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Egypt’s exports to African Union grow to $4.7bn in 2018

Egypt’s exports to African Union grow to $4.7bn in 2018
Algeria made up $979.2 million of total Egyptian exports to Africa

Cairo – Mubasher: The Egyptian exports to African Union (AU) countries rose by 27.4% to $4.73 billion in 2018 from $3.71 billion a year earlier, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Monday.

Ten African countries acquired 80.9% of total Egyptian exports to the continent, with Algeria making up $979.2 million, whereas Libya, Morocco, and Tunisia accounted for $635.9 million, $501.6 million, and $497.7 million, respectively.

In addition, Sudan made up $399.3 million of total exports by the most populous Arab nation to the AU countries, while Kenya, Nigeria, Ethiopia, Eretria, and Ghana accounted for $354.6 million, $179.2 million, $169 million, $116.2 million, and $115.8 million, respectively.

Meanwhile, imports from the African Union to Egypt stood at $2.2 billion last year, rising by 18.6% year-on-year from $1.86 billion.

Algeria accounted for $398.1 million of total African imports to the North African nation, followed by Kenya, Zambia, Sudan, South Africa, Morocco, Democratic Congo, Tunisia, Nigeria, and Libya with $287.3 million, $266.1 million, $207.5 million, $195.5 million, $165.5 million, $148 million, $140.1 million, $121.4 million, and $66 million, respectively.