EGYPTIAN COMMERCIAL REPRESENTATION IN ACCRA: EGYPTIAN EXPORTS TO GHANA INCREASE BY 65% IN 2018

Economy and stock exchange

Egypt's exports to Ghana increased by 65.5 percent in 2018 to 96.5 million dollars compared with 58.3 million dollars in 2017, according to the economic report on relations between Egypt and Ghana, prepared by the Egyptian Commercial Representation Office in Accra headed by First Trade Secretary Mohamed Hassanein. Egyptian imports from Ghana also increased by 27.5% in 2018 to reach US $ 15.1 million compared to US $ 11.8 million in 2017, bringing the total volume of trade between the two countries to US $ 108.3 million, an increaseable rate in light of the preliminary indicators for 2019.

The most important Egyptian products exported to Ghana – which witnessed a marked increase in 2018 – in the electricity meters, which recorded 15.9 million dollars compared to 6.3 million dollars in 2017, the flavor and aroma in the food industry worth 11.8 million dollars compared to 7.2 million dollars in 2017 Clinker used in the cement industry was exported for the first time this year worth 6.7 million compared to $ 2 million in 2017, calcium carbonate worth $ 3 million compared to $ 2.4 million in 2017, iron and steel products worth $ 4.5 million compared to $ 1.1 million in 2017 .

It should be noted that 99% of Egypt's imports from Ghana are primary products serving the Egyptian industry, namely cocoa and wood.

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