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, Germany launch government talks in berlin to boost economic ties    Egypt signs host agreement for Barcelona Convention COP24 in December    Egypt's FRA Sandbox signs 3 tech partnerships to boost cybersecurity, innovation    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    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt exports decrease 6.4% to $28bn in 2020: CAPMAS
GAFTA receives majority of Egypt's exports, with value of $9.8bn in 2020 compared to $10.1bn in 2019
Hossam Mounir Published in Daily News Egypt on 15 - 06 - 2021

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%.

Clic here to read the story from its source.