Data from the Central Agency for Public Mobilization and Statistics showed an increase in the value of trade exchange between Egypt and the Arab countries, to record $29.2 billion in 2022; compared to $25.2 billion in 2021, an increase of $4 billion, an increase of 16.1%.
12.2 billion dollars, the value of Egyptian exports to Arab countries
The agency stated that the value of Egyptian exports to Arab countries amounted to $12.2 billion in 2022, compared to $11.2 billion in 2021, an increase of $1 billion, an increase of 9.3%.
And Saudi Arabia came at the top of the list of the top ten Arab countries importing from Egypt during the year 2022, as the value of Egypt’s exports to it amounted to 2.5 billion dollars, followed by the UAE with a value of 1.9 billion dollars, then Libya with a value of 1.2 billion dollars, then Sudan with a value of 929.2 million dollars, then Morocco with a value of 880.8 One million dollars, then Algeria with a value of $740.9 million, then Jordan with a value of $726.5 million, then Iraq with a value of $511.5 million, then Palestine with a value of $451.5 million, and finally Lebanon with a value of $446.7 million.
The Statistics Authority indicated that the value of Egyptian imports from Arab countries increased to reach $17 billion in 2022, compared to $14 billion during the same period in 2021, an increase of $3 billion, an increase of 21.6%.
Saudi Arabia leads the Arab countries with the highest exports to Egypt during the year 2022
Saudi Arabia topped the list of the top ten Arab countries exporting to Egypt during the year 2022, as the value of Egypt’s imports amounted to $7.9 billion, followed by Kuwait at $3.3 billion, then the UAE at $2.9 billion, then Oman at $869.3 million, then Bahrain at $507.4 million, then Sudan at $504.4. One million dollars, then Jordan 253.9 million dollars, then Lebanon 229.7 million dollars, then Algeria 104.1 million dollars, and finally Libya 89.2 million dollars.
Arab investments in Egypt record $8.2 billion in 2021
The value of Arab countries’ investments in Egypt recorded $8.2 billion during the fiscal year 2021-2022, compared to $3.1 billion during the fiscal year 2020-2021, an increase of $5.1 billion, an increase of 163.8%.
The UAE ranked first in the list of the top ten Arab countries investing in Egypt during the fiscal year 2021/2022; The value of its investments in Egypt amounted to $5.7 billion, followed by Kuwait with $669.3 million, then Qatar with $518.3 million, then Saudi Arabia with $491.6 million, then Bahrain with $457.9 million, then Tunisia with $58.7 million, then Jordan with $51.9 million, then Morocco with $51.1 million. dollars, then Lebanon 28.3 million dollars, and finally Libya 19.3 million dollars.
The number of Arab tourists from Arab countries to Egypt reached 2 million in 2021, compared to 0.9 million in 2020, an increase of 1.1 million, with an increase of 114.9%.
The number of tourist nights spent by Arab tourists reached 33.2 million tourist nights in 2021, compared to 15 million tourist nights in 2020, an increase of 18.2 million tourist nights, an increase of 121.6%.
Remittances from Egyptians in Arab countries recorded $21.9 billion during 2020-2021
The value of remittances of Egyptians working in Arab countries increased to record $21.9 billion during the fiscal year 2020-2021 compared to $19.8 billion during the fiscal year 2019-2020, an increase of $2.1 billion, an increase of 10.9%, while the value of remittances of Arabs working in Egypt decreased to reach 114.9. One million dollars during the fiscal year 2020-2021, compared to $117.8 million during the fiscal year 2019-2020, a decrease of 2.5%.
Saudi Arabia ranked first in the list of the top ten Arab countries in the value of remittances from Egyptian workers during the fiscal year 2020-2021, as the value of remittances from its employees amounted to $11.2 billion, followed by Kuwait at $4.4 billion, then the UAE at $3.4 billion, then Qatar at $1.5 billion. Then Jordan 774.2 million dollars, then Oman 162 million dollars, then Bahrain 104.1 million dollars, then Yemen 79.9 million dollars, then Iraq 43.7 million dollars, and finally Lebanon 39.5 million dollars.
The Statistics Authority pointed out that the number of Egyptians residing in the Arab countries, according to the estimates of the mission, reached 7.1 million Egyptians by the end of 2021.
