By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Robert F Kennedy on the presidential campaign trail in 1968, as he talked about limitations of gross domestic product* (GDP). Alamy
    Beyond GDP: Changing how we measure progress is key to tackling a world in crisis
    March 21, 2023
    IMF reaches staff-level deal with Somalia
    IMF reaches staff-level deal with Somalia
    March 21, 2023
    HDB allocates EGP 3.85bn to sustainable financing in 2022: Chairperson
    HDB allocates EGP 3.85bn to sustainable financing in 2022: Chairperson
    March 21, 2023
    Cooperation between MSMEDA, JICA to boost competitiveness of MSMEs
    Cooperation between MSMEDA, JICA to boost competitiveness of MSMEs
    March 21, 2023
    SCZONE discusses cooperation with American-Hellenic Chamber of Commerce
    SCZONE discusses cooperation with American-Hellenic Chamber of Commerce
    March 21, 2023
  • Politics
    PoliticsShow More
    Xi, Putin sign joint statement on pre-2030 development plan on priorities in China-Russia economic cooperation
    Xi, Putin sign joint statement on pre-2030 development plan on priorities in China-Russia economic cooperation
    March 22, 2023
    Xi, Putin sign joint statement on deepening comprehensive strategic partnership of coordination for the new era
    Xi, Putin sign joint statement on deepening comprehensive strategic partnership of coordination for the new era
    March 22, 2023
    Shoukry confirms Egypt's full support to COP28 in UAE
    Shoukry confirms Egypt’s full support to COP28 in UAE
    March 21, 2023
    Egypt’s GAH, WHO discuss cooperation in health sector
    Egypt’s GAH, WHO discuss cooperation in health sector
    March 21, 2023
    Egypt, Turkey are not competitors in Libya: FM Cavusoglu 
    Egypt, Turkey are not competitors in Libya: FM Cavusoglu 
    March 21, 2023
  • Interviews
    InterviewsShow More
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    December 27, 2022
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Egypt exports decrease 6.4% to $28bn in 2020: CAPMAS
Share
Notification
Latest News
Xi, Putin sign joint statement on pre-2030 development plan on priorities in China-Russia economic cooperation
Xi, Putin sign joint statement on pre-2030 development plan on priorities in China-Russia economic cooperation
Politics
Xi, Putin sign joint statement on deepening comprehensive strategic partnership of coordination for the new era
Xi, Putin sign joint statement on deepening comprehensive strategic partnership of coordination for the new era
Politics
Robert F Kennedy on the presidential campaign trail in 1968, as he talked about limitations of gross domestic product* (GDP). Alamy
Beyond GDP: Changing how we measure progress is key to tackling a world in crisis
Business Opinion
IMF reaches staff-level deal with Somalia
IMF reaches staff-level deal with Somalia
Business
HDB allocates EGP 3.85bn to sustainable financing in 2022: Chairperson
HDB allocates EGP 3.85bn to sustainable financing in 2022: Chairperson
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Trade > Egypt exports decrease 6.4% to $28bn in 2020: CAPMAS
Trade

Egypt exports decrease 6.4% to $28bn in 2020: CAPMAS

Hossam Mounir
Last updated: 2021/06/16 at 12:33 AM
By Hossam Mounir 4 Min Read
Share
Egyptian engineering exports grow by 8% in H1 of FY 2020/21
Egyptian engineering exports grow by 8% in H1 of FY 2020/21
SHARE

The Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that the total value of Egypt’s exports decreased 6.4% to $28.0bn in 2020, compared to $30.0bn in 2019. 

These exports travelled to a number of areas, including: the United Nations Economic and Social Commission for Western Asia (ESCWA); the Community of Sahel-Saharan States (CEN-SAD); the Common Market for Eastern and Southern Africa (COMESA); the Group of 15 (G-15); the Greater Arab Free Trade Area (GAFTA); and the D-8 Organization for Economic Cooperation (Developing-8). 

CAPMAS said that GAFTA received the majority of Egypt’s exports, with a value of $9.8bn in 2020 compared to $10.1bn in 2019, reflecting a decrease of 3.5%.

This was followed by ESCWA, which saw a 4.1% on the 2019 figure of $8.4bn, reaching a total value of exports of $8bn. The COMESA area came last with the total value of exports amounting to $2.0bn in 2020, compared to $2.2bn in 2021, reflecting a decrease of 8.2%.

According to the agency, the total value of Egypt’s imports from those groups amounted to $29.6bn in 2020, compared to $34.2bn in 2019, a decrease of 13.3%.

Egypt’s imports from GAFTA ranked first, with a value of $9.3bn in 2020 compared to $11.2bn in 2019, a decrease of 17.4%. This was followed by the G-15, where the total value of imports reached $8.3bn in 2020, compared to $93bn in 2019. 

With a decrease of 10.7%, the CEN-SAD area came in last place, as the total value of imports amounted to $0.8bn, compared to $0.9bn, a decrease of 15.3%.

CAPMAS added that the total value of Egypt’s exports to international groups that do not include Egypt, decreased by 20.7% to $10.5bn in 2020, compared to $13.3bn in 2019. 

These areas are namely: the European Union (EU); the European Free Trade Association (EFTA); the North American Free Trade Association (NAFTA); ASEAN; and MERCOSUR.

Egypt’s exports to the EU ranked in the first place, reaching $7.2bn in 2020 compared to $9.5bn in 2019, reflecting a decrease of 23.9%. This was followed by NAFTA, where the total value of exports amounted to $2.3bn, compared to $3.0bn, in the same time period. This reflected a decrease of 21.6%. 

Meanwhile, EFTA ranked last, as the total value of exports amounted to $150.2m in 2020, compared to $37.6m in 2019, an increase of 299.5%.

The total value of Egypt’s imports from these gatherings amounted to $33.1bn in 2020, compared to $35.4bn in 2019, a decrease of 6.7%.

Egypt’s imports from the EU in first place, reaching $19.2bn in 2020 compared to $20.9bn in 2019, a decrease of 8.0%. This was followed by NAFTA, where the total value of imports amounted to $5.4bn, compared to $5.5bn, a decrease of 2.2%. Meanwhile, EFTA ranked last, as the total value of imports amounted to $1.3bn, compared to $1.2bn, an increase of 13.8%.

You Might Also Like

Government discusses boosting Egyptian food exports

Egyptian exports jumped 19.2% in first 11 months of 2022, to $46.9bn

Egypt’s Trade Minister, heads of exports councils discuss boosting exports

46.3% increase in Egyptian exports to Romania during 10M 2022

Trade Minister discusses plans to achieve $100bn exports annually

TAGGED: Exports
Share this Article
Facebook Twitter Email Print
Previous Article ADIB-Egypt forms tri-party cooperation to launch pre-paid ‘Khazna Meeza’ card ADIB-Egypt forms tri-party cooperation to launch pre-paid ‘Khazna Meeza’ card
Next Article Sky Investments to manage City Edge Developments’ project in Sheikh Zayed Sky Investments to manage City Edge Developments’ project in Sheikh Zayed
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Xi, Putin sign joint statement on pre-2030 development plan on priorities in China-Russia economic cooperation
Xi, Putin sign joint statement on pre-2030 development plan on priorities in China-Russia economic cooperation
Politics
Xi, Putin sign joint statement on deepening comprehensive strategic partnership of coordination for the new era
Xi, Putin sign joint statement on deepening comprehensive strategic partnership of coordination for the new era
Politics
Robert F Kennedy on the presidential campaign trail in 1968, as he talked about limitations of gross domestic product* (GDP). Alamy
Beyond GDP: Changing how we measure progress is key to tackling a world in crisis
Business Opinion
IMF reaches staff-level deal with Somalia
IMF reaches staff-level deal with Somalia
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?