Egypt-Senegal trade exchange reaches $61.2m in 10M 2021: CAPMAS

Hossam Mounir
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Data from the Central Agency for Public Mobilisation and Statistics (CAPMAS) showed on Saturday that the value of Egyptian exports to Senegal was $59.3m during the first 10 months of 2021, compared to $60.7m during the same period in 2020, a decrease of 2.2%.

Meanwhile, the value of Egyptian imports from Senegal increased to reach $1.8m in the same period, compared to the $1.6m reached in the first 10 months of 2020, an increase of 10.6%.

According to the agency, the value of trade exchange between Egypt and Senegal also amounted to $61.2m, compared to $62.3m during the same period in 2020, a decrease of 1.8%.

Furthermore, the value of remittances from Egyptians working in Senegal amounted to $1.5m during FY2019/20 fiscal, compared to the $848,000 of the previous FY, an increase of 73.6%. Meanwhile, the value of remittances from Senegalese working in Egypt amounted to $855,000, down from $2.5m in FY2018/19, a decrease of 65.9%.

The population of Egypt recorded 102.8m people in 2021, while the population of Senegal recorded 17.2m people in 2021. The number of Egyptian residents in Senegal, according to the mission’s estimates, was 250.

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