Economic cooperation
In 2021 the bilateral trade amounted to 62,68 million US dollars. Belarusian exports to Egypt amounted to 41,77 million US dollars, imports — 20,91 million US dollars.
Trade dynamics with Egypt, (million dollars)
|
Year |
Turnover |
Export |
Import |
Balance |
|
2014 |
156,45 |
134,1 |
22,35 |
131,68 |
|
2015 |
186,34 |
98,01 |
88,32 |
9,69 |
|
2016 |
57,8 |
43,35 |
14,45 |
28,9 |
|
2017 |
97,46 |
76,12 |
21,34 |
54,78 |
|
2018 |
108,7 |
83,04 |
25,03 |
58,1 |
|
2019 |
142,37 |
116,46 |
25,88 |
90,6 |
| 2020 | 79,58 | 58,63 | 20,95 | 37,68 |
| 2021 | 62,68 | 41,77 | 20,91 | 20,86 |
Belarus exports to Egypt tractors, trucks, road and construction equipment, forklifts, engines, tires, machinery, metal products, dry milk, pumps, X-ray equipment, chemical and woodworking products.
The main imports from Egypt are citrus fruits, other fresh, canned and frozen vegetables and fruits, medicines, plants used in perfumes and pharmaceuticals, outerwear, fabrics, wool.
Leading Belarusian exporters in Egypt are OJSC «Belarusian Steel Works», OJSC «Minsk Tractor Works» (MTZ), OJSC «Minsk Automobile Plant» (MAZ), OJSC «Amkodor», UE «Adani» and Belarusian State Concern for Oil and Chemistry «Belneftekhim».
Joint production line of MAZ trucks on the basis of «Helwan Machinery and Equipment» company of the Ministry of Military Production of Egypt as well as assembling of road-building machinery of OJSC «Amkodor» have been established. Work is underway to create in Egypt assembly lines of Belarusian tractors, diesel engines, gas buses, silos, agricultural machinery..
A representative office of OJSC «MAZ» is operating in Egypt.
Belarusian enterprises regularly take part in the international exhibitions, which are held in Cairo, such as exhibition of agricultural machinery and equipment «Sahara», food exhibition «Food Africa».
Belarus and Egypt interact actively in the framework of institutional trade and economic bodies.
In September 2019 the sixth meeting of the Belarus-Egypt Joint Trade Commission took place in Minsk. In February 2020 the first meeting of the Belarusian-Egyptian Joint Business Council was organized in Cairo. In November 2018 the second meeting of the Belarusian-Egyptian working group on cooperation in the field of industry was held in the capital of Egypt.
The Belarusian-Egyptian Group for Cooperation in the Field of Agriculture was formed, the first meeting of the commission was held in July 2020 in the format of a video conference.
9 Egyptian enterprises with 100 percent Egyptian capital and 12 joint Belarusian-Egyptian companies are registered in Belarus.
In the framework of interregional cooperation, twinning agreements were signed between Minsk and Cairo, the Minsk region and the South Sinai governorate.
