Egyptian exports to Saudi Arabia rose to US$2.4 billion in the first quarter of 2024
The Central Agency for Public Mobilisation and Statistics (CAPMAS) reported a significant increase in trade between Egypt and Saudi Arabia, reaching US$7.5 billion in the first nine months of 2024, a 33.9 per cent increase compared to US$5.6 billion in the same period of 2023. This is reported by Daily News Egypt, a partner of TV BRICS.
According to the agency, Egyptian exports to Saudi Arabia rose to US$2.4 billion in the first quarter of 2024, compared to US$1.9 billion in the same period of 2023, an increase of 26.3 per cent. Imports from Saudi Arabia to Egypt reached US$5.1 billion, compared to US$3.7 billion in 2023, an increase of 37.8 per cent.
The main groups of goods exported from Egypt to Saudi Arabia include copper and its products worth US$459 million, vegetables and fruits worth US$293 million, ready-made garments worth US$128 million, electrical appliances worth US$215 million, and iron and its products worth US$167 million.
In turn, the largest groups of goods imported from Saudi Arabia to Egypt are: fuels, mineral oils and their products worth US$3.4 billion, plastics and their products worth US$984 million, organic chemical products worth US$208 million, aluminium and its products worth US$158 million and paper and pulp worth US$81 million.
Photo: iStock-
![]()
Society25.08.26BRICS countries seek stronger support for children from early years to adulthood -
![]()
Society24.08.26Head of International Relations Department of TVRI: Indonesia takes centre stage in multipolar media -
![]()
Society23.08.26BRICS News Digest for the previous week -
![]()
Society22.08.26Oman identifies seven mushroom species new to science -
![]()
Society21.08.26Projects in field of higher education in Iran to be presented to international public through TV BRICS -
![]()
Society20.08.26Citizens of Kyrgyzstan and Vietnam to use 240-hour visa-free transit through China
-
![Joao Paulo Capobianco]()
Joao Paulo CapobiancoBrazilian Minister of the Environment and Climate Change"The BRICS countries have a very high level of responsibility because they share an important part of the world's biodiversity, landscapes, populations, food production and water resources. So, we have an opportunity to lead by example. We have our development bank, which can demonstrate and develop new ways of financing programmes. We can reduce the risks for private capital to invest in restoration and efforts to combat desertification" -
![Dilma Rousseff]()
Dilma RousseffPresident of the New Development Bank"India’s BRICS Presidency this year gives special significance to our discussion. NDB stands ready to be a trusted partner in turning commitments on sustainability, clean energy, smart and resilient infrastructure into concrete results on the ground. […] For NDB, mobilising private capital is a strategic imperative. Created by the BRICS founding members, NDB is a bank of the Global South, for the Global South, mandated to mobilise resources for infrastructure and sustainable development" -
![Sihasak Phuangketkeow]()
Sihasak PhuangketkeowDeputy Prime Minister and Minister of Foreign Affairs of Thailand"BRICS can play a very important role in maintaining the free flow of trade and investment. The group can also be a vehicle for all of us to engage and to look at economic opportunities"
