2.3% Indonesia's growth in trade exchange with Egypt within 8 months from 2021

Published 2021년 10월 18일

Tridge summary

The article highlights the growth in trade exchange between Egypt and Indonesia, with a 2.3% increase over the first 8 months of 2021. Indonesian exports to Egypt saw a 3.4% increase, while Egyptian exports to Indonesia surged by 53%. The main Egyptian exports to Indonesia include phosphates, dates, molasses, citrus, medical and surgical instruments, and olive oil. Both countries are focusing on increasing bilateral trade and overcoming the economic challenges posed by the pandemic. Egypt, with its strong economy and high human capabilities, and Indonesia, the largest economy in Southeast Asia, are working together to reach the full potential of their bilateral trade.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Lotfi Raouf, the Ambassador of the Republic of Indonesia in Cairo, said that the trade exchange between Egypt and Indonesia witnessed a growth of 2.3% during the first 8 months of 2021, pointing to the growth of his country's exports to Egypt by 3.4%. , that Egyptian exports to Indonesia recorded a significant increase of 53% compared to the same period of the previous year (January - August 2020). Raouf explained that the most important Egyptian export commodities are phosphates, dates, molasses, citrus, medical and surgical instruments, olive oil. He added that Indonesia and Egypt’s regional position is pushing hard to work in the way of overcoming the repercussions of the Corona virus pandemic, which posed a challenge to economic growth in both countries by working to increase the rates of bilateral trade exchange, stressing the need to work together to reach The full potential of our bilateral trade, and we can still increase our cooperation to another level. Raouf stressed ...
Source: Amwalalghad

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