Egyptian-Russian bilateral trade exceeds $6.6bn

Cairo - Mubasher: Trade exchange between Egypt and Russia grew by 63% in 2017 to hit a total of nearly $6.7 billion (EGP 118.45 trillion).

Egyptian exports to the Russian market amounted to $505 million.

Meanwhile, Russian investments in Egypt reached $4.6 billion by the end of last year, of which 60% were dominated by the oil sector.

Russian wheat accounted for 23% of exports to Egypt with a value of $1.44 billion.

Mubasher Contribution Time: 17-Feb-2018 17:52 (GMT)
Mubasher Last Update Time: 17-Feb-2018 17:52 (GMT)