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 metal products tractors, dry milk, tires, trucks, pumps, road and construction equipment, forklifts, engines, 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. Algorithms for creating assembly lines for the production of Belarusian tractors, diesel engines, and buses with gas engines have been developed.
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 November 2023 the seventh meeting of the Belarus-Egypt Joint Trade Commission took place in Minsk.
Active:
The Belarusian-Egyptian Joint Working Group on Industrial Cooperation, the third meeting was held on July 17-18, 2023 in Cairo.
The Belarusian-Egyptian Joint Working Group on Agricultural Cooperation, the second meeting was held on November 14-15, 2023 in Cairo.
The Belarusian-Egyptian Business Cooperation Council, the second meeting was held on November 14-15, 2023 in Cairo.
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.
