Egypt’s exports hit fresh record high of $51.6B in 2022
Updated 3/15/2023 7:28:00 AM
Arab Finance: Egypt’s total exports surged 18.3% year-on-year (YoY) during 2022, according to CAPMAS data base.
Egyptian exports jumped to $51.6 billion in 2022, compared to $43.6 billion in 2021.
Last year's figure marks the highest value ever in the history of Egyptian merchandise exports.
Turkey topped the list of countries importing Egyptian products with a value of $4 billion, followed by Spain with $3.7 billion, Italy with $3.4 billion, and Saudi Arabia with $2.5 billion.
The top commodities that Egypt exported in 2022 included liquefied natural gas (LNG) at a total value of $10 billion, fertilizers at $3.3 billion, crude oil at $3 billion and petroleum products at $3 billion.
It also included ready-made garments worth a value of $2.5 billion and plastics with $1.8 billion.
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