Egypt-AU trade exchange rises 5.7% to $9.2bn in 2023

According to the Central Agency for Public Mobilization and Statistics (CAPMAS) trade exchange between Egypt and the African Union countries reached $9.2bn in 2023, up from $8.7bn in 2022. This marks an increase of $500m and a growth rate of 5.7%. The main export commodities included cement, gypsum, and calcium phosphate. Most of these exports were concentrated in five countries: Libya, which led the list with $1.8bn, accounting for 24.9% of the total; Sudan with $989m (13.4%); Algeria with $859m (11.6%); Morocco with $829m (11.2%); and Kenya with $327m (4.4%).