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Wednesday, 19 June 2019

Trade exchange between Egypt and Algeria hits $938 million

MENA , Sunday 26 May 2019
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The trade exchange between Egypt and Algeria hit $938 million last year, the Egyptian Commercial Service Authority said on Thursday.

Egyptian exports to Algeria are estimated at $550 million and include finished and intermediate goods as well as raw materials.

Egyptian imports from Algeria were valued at $399 million.

The statement noted that deputy chairman of the authority Wael Aref took part in a meeting at the Algerian Trade Ministry and requested that Algeria reconsider the list of products with additional taxes.

The Algerian trade minister has promised to examine these lists.

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