{"id":28091,"date":"2018-04-27T10:56:38","date_gmt":"2018-04-27T10:56:38","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2018\/04\/27\/egypt-exports-to-south-africa-raised-by-69-in-2017\/"},"modified":"2020-08-11T11:32:45","modified_gmt":"2020-08-11T09:32:45","slug":"egypt-exports-to-south-africa-raised-by-69-in-2017","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2018\/04\/27\/egypt-exports-to-south-africa-raised-by-69-in-2017\/","title":{"rendered":"Egypt exports to South Africa raised by 69% in 2017"},"content":"The country knew a higher export of polymers\nEgypt aims to strength its relations with African countries as witnessed the future creation of a logistics export center in the west of the continent or a recent agreement on&nbsp;the African Continental Free Trade Area (ZLECA), signed in March by more than 40 African countries. \nAnd to comfort the country in its vision the exports results to South Africa are a good example. Indeed the exports generated $99 million well above the $58,5 million generated in 2016 according to information relayed by Egypt Independent.\nThis strong performance was driven by higher exports&nbsp;of grapes, polymers, non-woven yarns and calcium carbonate.\nThe trade between both countries reached $ 315 million up 17,5% from 2016 when it was $268 million according to authorities.\nLet\u2019s note that although imports fell by 14% ($181 million in 2017 against $210 million in 2016), trade deficit between the two countries decreased to $46.5 million in 2017 from $150.8 million in 2016.\nWorld Bank indicated in its global economic outlook report issued last January that the country, which is in the midst of economy rebuilding, is expected to grow 4.9% this year.\nDiscover out our latest videos about the economic news in Egypt :&nbsp;\n\n\n","author":66,"featured_media":0,"comment_status":"open","ping_status":"open","template":"","tags":[5754,5752,5764,5763,5766,5751,5756,5753,2961,5750,5759,5762],"location":[5600],"class_list":["post-28091","news","type-news","status-publish","hentry","tag-business","tag-business-support","tag-communities","tag-direct-broadcasting","tag-economic-analysis","tag-economy","tag-employment","tag-entrepriseslife","tag-institutions","tag-news","tag-politics","tag-trending","location-egypt"],"short_url":"","have_related_news":"done","chapo":"Egyptian exports to South Africa have significantly increased during last year by 69% Egyptian minister of trade Tareq Qabil reported last week.","media":null,"media-news-header":null,"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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