Overview of Egypt-Türkiye Economic Relations

Updated 2/21/2024 9:10:00 AM
Overview of Egypt-Türkiye Economic Relations

rade exchange between Egypt and Türkiye declined by 15.7% year on year (YoY) to $6.6 billion, according to data by the Central Agency for Public Mobilization and Statistics (CAPMAS).

Turkish foreign direct investments in Egypt hit $167.2 million during the fiscal year (FY) 2022/2023, while remittances from Egyptians in Türkiye hit $29.1 million during the FY 2021/2022.

As of 2022, there were 40,000 Egyptians living in Türkiye.

Related Infographics

Related News