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Egyptian-Greek trade exchange increase by 112.8% in H1 2021 - Daily News Egypt

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Egyptian-Greek trade exchange increase by 112.8% in H1 2021

On the other hand, Egyptian imports from Greece increased by 2.6% to $209.1m during the first half of 2021 compared to $203.8m in H1 2020


Bilateral trade between Egypt and Greece increased by 112.8% in the first half of 2021 (H1 2021), to record $1bn, up from $477.6m in the same period a year earlier. According to the Central Agency for Public Mobilization and Statistics (CAPMAS), Egyptian exports to Greece amounted to $807.4m in H1 2021, compared to $273.8m during the same period in 2020, an increase of 194.9%.

On the other hand, Egyptian imports from Greece increased by 2.6% to $209.1m during the first half of 2021 compared to $203.8m in H1 2020

Meanwhile, remittances from Egyptians working in Greece reached $8.4m in the fiscal year 2018/19, compared to $7.1m during the fiscal year 2017/2018, an increase of 18.7%. Remittances of Greeks working in Egypt amounted to $2.2m during FY 2018/19, compared to $1.8m in FY 2017/18, an increase of 23.4%.

CAPMAS data revealed that the population of Egypt recorded 102.5 million people in 2021, while the population of Greece recorded 10.4 million people in 2021.

The number of Egyptians in Greece reached 30,000 by the end of 2020, according to the mission’s estimates.

Topics: greek trade

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https://dailyfeed.dailynewsegypt.com/2021/10/19/egyptian-greek-trade-exchange-increase-by-112-8-in-h1-2021/
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