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The agency indicated that the volume of Egyptian exports to Germany increased to $848.2m in 2021, compared to $646.1m in 2020 — an increase of 31.3%.
18.07.22 | Interesting article at Daily News Egypt

Data from the Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed on Sunday that the value of trade exchange between Egypt and Germany increased to $4.8bn in 2021, compared to $4.6bn in 2020 — an increase of 5.2%.


The agency indicated that the volume of Egyptian exports to Germany increased to $848.2m in 2021, compared to $646.1m in 2020 — an increase of 31.3% — while the value of Egyptian imports from Germany amounted to $4bn, compared to $3.9bn — an increase of 1 %.


According to the agency, the top commodity groups exported by Egypt to Germany in 2021 included air and spacecrafts worth $95.7m, clothes worth $87.4m, fruits worth $67.1m, machinery and electrical equipment worth $58.7m, and seeds and oil fruits worth $58.2m.


On the other hand, the top commodity groups that Egypt imported from Germany in 2021 included cars, tractors, and bicycles at a value of $972.9m; boilers, machines, and mechanical devices at a value of $808.3m; pharmaceutical products worth $443.8m; plastics and their products at a value of $209.2m; and machinery, appliances, and electrical equipment worth $207.7m.


The agency added that the value of German investments in Egypt amounted to $300.2m during FY2020/21, compared to the previous FY’s $267.9m — an increase of 12.1%.