Egypt’s exports to Ghana hike to $96.5M in 2018

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Egypt’s exports to Ghana increased 65.5 percent during 2018, recording $96.5 million, compared to $58.3 million in 2017, according to the economic report about the Egyptian-Ghanaian relationship. 

Prepared by the Egyptian Commercial representative office in Accra, the report referred that Egypt’s imports from Ghana also rose 27.5 percent in 2018 to $15.1 million, up from $11.8 million in 2017. 

The report further noted that trade volume between both countries recorded about $108.3 million. 

The most important Egyptian products exported to Ghana – which witnessed a marked increase in 2018 – included electricity meters recording $15.9 million, compared to $6.3 million in 2017; the flavor and aroma in the food industry amounting to $11.8 million, compared to $7.2 million in 2017. 

Clinker used in the cement industry was exported for the first time this year at a value of $6.7 million, compared to $ 2 million in 2017; calcium carbonate worth $3 million was exported , compared to $2.4 million in 2017, and iron and steel products worth $4.5 million were exported, compared to $ 1.1 million in 2017. 

According to the report, 99 percent of Egypt’s imports from Ghana are primary products serving the Egyptian industry, namely cocoa and wood. 

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