Asian markets edge lower on Wednesday    Oil prices dip on Wednesday    Egypt scraps parliamentary election results in 19 districts over violations    Egypt's public prosecution hands over seized gold worth $34m to central bank    Finance ministry pushes trade facilitation with ACI rollout for air freight    Abdelatty stresses Egypt's commitment to peaceful conflict resolution    Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza    Health minister warns Africa faces 'critical moment' as development aid plunges    Egypt's drug authority discusses market stability with global pharma firms    SCZONE chair launches investment promotion tour in France    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Gold prices fall on Tuesday    Regional diplomacy intensifies as Gaza humanitarian crisis deepens    Egypt's childhood council discusses national nursery survey results    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Egypt, Kenya trade reaches $567m in '24
Published in Amwal Al Ghad on 29 - 01 - 2025

Egypt's President Abdel Fattah El-Sisi received Kenyan President William Ruto on Wednesday to discuss cooperation frameworks and strengthen bilateral relations.
Trade exchange between the two countries reached $567 million in 2024, compared to $638 million in 2023, according to CAPMAS data. Egyptian exports to Kenya amounted to $307 million in 2024, down from $327 million in 2023, while imports from Kenya stood at $260 million in 2024, compared to $311 million in 2023.
Top Egyptian Exports to Kenya in 2024
The most significant Egyptian exports to Kenya included:
* Paper and paperboard products worth $39 million
* Electrical machinery and equipment worth $28 million
* Various food preparations worth $26 million
* Plastics and articles thereof worth $23 million
* Iron and steel worth $22 million
Top Egyptian Imports from Kenya in 2024
Egypt's main imports from Kenya were:
* Coffee, tea, and spices worth $242 million
* Fruits and edible nuts worth $6 million
* Paper and paper products worth $5 million
* Live trees and other plants worth $4 million
Remittances and Investments
Remittances from Egyptians working in Kenya reached $9.2 million in the 2023/2024 fiscal year, up from $7.6 million in 2022/2023. Meanwhile, remittances from Kenyans working in Egypt amounted to $1.2 million in 2023/2024, compared to $958,000 in 2022/2023.
Kenyan investments in Egypt rose to $558,000 in 2023/2024 from $146,000 in 2022/2023. However, Egyptian investments in Kenya declined to $453,000 in 2023/2024 from $10.5 million in 2022/2023.
Population Figures
The Egyptian mission estimated the number of Egyptians residing in Kenya at around 1,000 by the end of 2023.
Attribution: Amwal Al Ghad Enlgish
Subediting: M. S. Salama


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