Head of the Commercial Office in Kampala: $ 100 million Egyptian exports to Uganda annually
Egypt
Uganda
Published Apr 9, 2021
Original content
Ahmed Seif El-Nasr, head of the Egyptian Commercial Office in Kampala, Uganda, said that the value of Egyptian exports to the Ugandan market annually currently reaches about $ 100 million, instead of $ 60 million for 3 or 4 years. He explained during the electronic seminar organized by the Export Council for Food Industries today, that the value Egypt's imports from Uganda do not exceed $ 7 million, represented in raw materials, tea, coffee and fish, as well as some varieties of fruit such as pineapple and avocados. Saif Al-Nasr indicated that the Ugandan government has made a trend since last year to reduce imports, deepen local manufacturing and attract foreign investment. In light of the existence of a trade deficit of about 4 billion dollars, as it exports 3 billion dollars and imports about 7 billion dollars, noting that the repercussions of Corona have supported this continuing trend until now, adding that for this it may exclude some goods and products from COMESA ...
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