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Figures: 64.9% increase in the value of Egyptian exports to the G7 countries by 2021

Figures: 64.9% increase in the value of Egyptian exports to the G7 countries by 2021






Posted: Sunday, June 26, 2022 – 1:17 PM | Last Updated: Sunday, June 26, 2022 – 1:17 pm

The value of Egyptian exports to the group of seven major industrialized nations increased from $ 9.8 billion in 2021 to $ 6 billion in 2020, up from $ 3.8 billion today, Sunday, according to data from the Federal Agency for Public mobilization and statistics. 64.9% increase.
Italy tops the list of top G7 industrialized countries to import from Egypt in 2021, with exports valued at $ 2.8 billion, the United States $ 2.5 billion, the United Kingdom $ 1.2 billion, France $ 1.1 billion, Germany $ 848.2 million and Canada $ 825.9 million. Finally Japan $ 549.8 million.
The value of Egyptian imports from the group of seven major industrialized nations increased from $ 16.4 billion in 2020 to $ 17.7 billion in 2021, an increase of $ 1.3 billion and an increase of 7.8%, according to the data.
The United States topped the list of top G7 countries to export to Egypt by 2021, with Egypt importing $ 6.1 billion, Germany $ 4 billion, Italy $ 3 billion, France $ 1.7 billion, and the United Kingdom $ 1.7 billion. Then Japan $ 935.9 million, and finally Canada $ 296.1 million.
The value of trade between Egypt and the G7 was $ 27.5 billion in 2021, $ 22.4 billion in 2020, an increase of $ 5.1 billion, an increase of 23%.
Remittances from Egyptians working in the Group of Seven Major Industrial Countries increased to $ 2.5 billion in fiscal 2020/2021, from $ 1.9 billion in fiscal 2019/2020, an increase of 35.2%.
In the 2020/2021 financial year, the United States topped the list of the top G7 industrialized countries in terms of remittances from Egyptians working in it, with remittances worth $ 1.4 billion from its workers. Germany $ 130.7 million, followed by France $ 126.1 million, Canada $ 115.6 million, Italy $ 95.2 million and Japan $ 7.1 million.
The group of seven major industrialized nations in Egypt recorded $ 19.9 billion worth of investments in fiscal 2020/2021, an increase and increase of $ 4.2 billion compared to $ 15.7 billion in fiscal 2019/2020. 27.3%.
The United Kingdom topped the group of seven largest industrialized nations that invested heavily in Egypt in fiscal years 2020/2021; Its investments in Egypt were $ 9.8 billion, the United States $ 9.2 billion, France $ 351.4 million, Italy $ 277.7 million, Germany $ 239.6 million, Japan $ 48.5 million and finally Canada $ 19.3 million.
The number of Egyptians in the G7 industrialized countries, according to work estimates, will reach 3.9 million by the end of 2020.

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