Trade in goods and services between Ukraine and Egypt
According to the data provided by the Government Statistics Agency of Ukraine in the year of 2021 the total trade in goods and services between Ukraine and Egypt amounted to 2.446 billion USD.
In the year of 2021 total volume of bilateral trade in goods between Ukraine and Egypt amounted to 2.093 billion USD. The volume of goods exported from Ukraine to Egypt reached 1.944 billion USD. At the same time volume of goods imported from Egypt to Ukraine reached 149.1 million USD.
During 2021 the most exported types of goods from Ukraine to Egypt were:
· grains, agricultural products – 76.9%;
· base metals and articles of thereof – 10,2 %;
During 2021 the most imported types of goods were:
· edible fruits and nuts – 27%;
· mineral fuels – 28%.
In the year of 2021 total volume of bilateral trade of services between Ukraine and Egypt amounted to 352.9 million USD. The volume of services exported from Ukraine to Egypt reached 183 million USD. The volume of services imported into Ukraine from Egypt reached 169.9 million USD. The trade balance of bilateral trade in services during this period caused a surplus for the Ukrainian side of 13.1 million USD.
Ukraine attaches great importance to the prospects of increasing exports of Ukrainian finished goods with a high level of added value, energy equipment, high-tech products of aviation and space industries.
In 2020, Ukraine was the first in terms of the number of tourists visiting Egyptian resorts and tourist places (727 thousand). In 2021, our state also ranked first in terms of the number of tourists visiting Egypt (1,600,000).
During December 14-16, 2021 the 8th Session of the Egyptian-Ukrainian Joint Committee on Economic, Scientific and Technical Cooperation was held in Cairo, co-chaired by First Vice-Prime-minister of Ukraine – Minister of Economy of Ukraine H.E. Yulia Svyrydenko and Minister of International Cooperation of the Arab Republic of Egypt, H.E. Dr. Rania Al-Mashat.