Ashraf AboArafe
The volume of trade exchange between Egypt and Kazakhstan continued to increase during the last 6 years to reach 83.94 million dollars in 2018, up from 62.38 million dollars in 2017, 55.3 million dollars in 2016, 49.03 million dollars in 2015, 61.68 million dollars in 2014, and 52.27 dollars. Million dollars in 2013.
According to an important press report, Egypt’s exports to Kazakhstan increased to $ 67.29 million in 2018, compared to $ 50.73 million in 2017, $ 16.9 million in 2016, $ 35.24 million in 2015, $ 46.31 million in 2014, and $ 42.91 million. Dollars in 2013.
Egypt’s imports from Kazakhstan have varied during the last 6 years, recording $ 16.65 million in 2018, compared to $ 11.65 million in 2017, $ 38.4 million in 2016, $ 13.79 million in 2015 and $ 15.37 million in 2014. And $ 9.36 million in 2013.
During the last six years, trade balance between Kazakhstan and Egypt was in favor of the latter, with the trade balance surplus reached $ 50.64 million in 2018 compared to $ 39.08 million in 2017, while the deficit was only recorded in 2016 and reached $ 21.5 million.
Kazakh investments in Egypt amounted to about $ 1.56 million through 15 companies whose investments include construction, industry, telecommunications, information technology, services, tourism and agriculture.
The Egyptian Businessmen Association, held a meeting with the Ambassador of Kazakhstan in Cairo, “Arman Isagaliev”
The meeting, which was attended by Ali Issa, chairman of the Egyptian Businessmen Association, discussed the opportunities for Egyptian exports in the Kazakh market, especially medicines, garments, vegetables, fruits, marble, ceramics, chemical products, cosmetics, petroleum products and paints.
