02 February 2023 07:36 PM

Economic relations

Thursday، 02 November 2017 - 12:00 AM

The economic bilateral relations that are witnessing great and growing development year after year, have  lately reached their utmost , as reflected in the following detailed statistics:

 Egyptian exports to Britain amounted 655 million sterling in 2016, while trade between the two countries reached about 2 billion sterling .

British exports to Egypt hit 1.22 billion sterling in 2016, compared to 950 million sterling in 2015 .

Egyptian exports to Britain varied between raw materials and petroleum (at 39% of petroleum products ) ,electrical appliances, generators, cars and other appliances at 21%, textile and manufactured products at 17%, agricultural and food products and beverages  at 14%, chemicals and pharmaceuticals at 9% .

The British exports to Egypt in 2016 were estimated at 36% of machinery and transport equipment , 24%, of pharmaceuticals and chemicals, 22% of raw materials and petroleum products, 11% of food and beverages, 7% of textiles and manufactured products .

Britain's imports to Egypt account for about 5% of the Middle East region .

British investments in Egypt recorded $ 7 billion in 2017.  The year 2016 witnessed a new influx of British investments in Egypt in various fields. The value of British investments in Egypt has reached $ 30.5 billion since 2011 .

British tourism in Egypt increased by 60%  more than 2016 estimate.

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