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Asharq Al-Awsat
Asharq Al-Awsat
Business
Cairo - Asharq Al-Awsat

Egyptian-Saudi Trade Grows 66%

Egypt Kingdom Saudi Arabia CAPMAS
Trade exchange between Egypt and Saudi Arabia rose to $8.3 billion during the first 11 months of 2021. (Reuters)

The value of trade exchange between Egypt and Saudi Arabia increased by 66.1% in the first 11 months of 2021, amounting to $8.3 billion compared to five billion during the same period in 2020, data from the country's statistics agency CAPMAS showed Tuesday.

During the same period in 2021, Egypt’s exports to the Kingdom rose by 21% to reach two billion dollars, up from $1.6 billion during the same period in 2020.

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