South Korea Emerged As The Major Trade Partner Of Egypt With Record $3b Trade Exchange In 2022
As per our Egypt customs data reports, South Korea has emerged as the major trade partner of Egypt in 2022. South Korea and Egypt trade hit a record 3 billion US Dollars for the first time. Cars were the most traded product with worth over 172 million US Dollars. According to our Egypt export data records, Egypt exports to South Korea were around 1.47 billion US Dollars in 2022. As compared to 587 million US Dollars in 2020, there was around 14% more rise in exports from Egypt to South Korea. The major exports products from Egypt were Vehicles, Plastics, Machinery, Railway, Electrical Equipment, Chemicals, Iron Steel, Optical, Medical Instruments, Rubbers and Pharmaceuticals On the other hand, Egypt imports from South Korea were 1.68 billion US Dollars in 2022. While in 2021, South Korea exports to Egypt were recorded to be 647 million US Dollars. Our Egypt import data reports suggest that Cars, Vehicle parts, Electrical Equipment, Animal fodder, Construction materials, Ores, slag