Egypt-US trade exchange volume reached $9 billion in 2021

Egypt’s Prime Minister Mostafa Madbouli said the trade exchange between Egypt and the US amounted to $9 billion in 2021 as he attended a meeting organized by the American Chamber of Commerce in Egypt (AmCham Egypt) on Monday.

This came within the framework of a visit by the GreenTech Business delegation to Egypt.

Madbouli said the cumulative US investments in Egypt has reached $24 billion in 2022 in the sectors of energy, petrochemicals, infrastructure, manufacturing, tourism and agriculture.

Madbouli affirmed that the US is one of Egypt’s most important trading partners, adding that the US investments in Egypt cover several sectors, including infrastructure and energy.

The US supports the private sector as well as efforts to promote the business environment in Egypt, Madbouli said.