The volume of trade exchange between Egypt and Sudan reached $1.4 billion during 2023, compared to $1.5 billion during 2022, a decrease of 6.4%.
Data from the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed, Thursday, that the value of Egyptian exports to Sudan has increased to record $979.9 million during the year 2023, compared to $954.3 million, year-over-year, an increase of 2.7%.
While the value of Egyptian imports from Sudan amounted to $386.9 million during 2023, compared to $505.4 million during 2022, a decrease of 23.4%.
Regarding the most important commodity groups that Egypt exported to Sudan during the year 2023 included mill products (barley, starch, and grains) worth $260 million, and sugar products amounted to $79 million.
It added that Egypt's exports of "soap" to Sudan amounted to $49 million, while exports of "plastics and their products" amounted to $47 million, and exports of "clothes" amounted to $45 million.
Regarding the most important commodity groups that Egypt imported from Sudan during the year 2023, the agency indicated that “live stock” worth $164 million, and “cotton” worth $115 million.
Egypt’s imports of “oilseeds and fruits” amounted to $93 million, while imports of “meat” amounted to $10 million.
The agency stated that the value of remittances from Egyptians working in Sudan amounted to $13.3 million during the fiscal year 2021/22, compared to $12.9 million during the fiscal year 2020/2021, an increase of 2.7%, while the value of remittances from Sudanese working in Egypt amounted to $1.6 million during the FY2021/22 compared to $2.1 million during the FY2020/21, a decrease of 22.5%.
The value of Sudanese investments in Egypt recorded $5.8 million during 2022/23, compared to $4 million during 2021/22, an increase of 45%.
The population of Egypt recorded 106.1 million people in February 2024, while the population of Sudan recorded 49 million people for the same period.
Follow the latest news on Google News
