Trade exchange between Egypt, Kuwait totals $3bln in 2023: CAPMAS

The main commodities imported by Egypt from Kuwait in the same year were: fuels, mineral oils, and distillation products ($2.7bln), organic chemicals ($12.2mln), plastics and related articles ($10.2mln), and iron and steel ($2.8mln)

Staff Writer, Daily News Egypt

May 6, 2024

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Egypt - In 2023, Egypt’s primary exports to Kuwait included: electrical machinery and appliances ($65m), vegetables and fruits ($64m), prepared vegetables and fruits ($16.3m), essential oils ($15.1m), and ready-made garments ($13.5m).

The main commodities imported by Egypt from Kuwait in the same year were: fuels, mineral oils, and distillation products ($2.7bn), organic chemicals ($12.2m), plastics and related articles ($10.2m), and iron and steel ($2.8m).

Kuwaiti investments in Egypt totalled $632.6m during the fiscal year 2022/2023, a slight decrease from $669.3m in 2021/2022.

Remittances from Kuwaitis working in Egypt stood at $4m, compared to $8m in the previous period.

The number of Egyptians residing in Kuwait was estimated at 612,700 in 2022, according to divs from the Egyptian mission.

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