Saudi Arabia-Egypt trade balance records $716mn surplus in 2015

The trade balance between Saudi Arabia and Egypt has witnessed surplus worth US$716 million in favour of the Saudi exports during 2015, said Saudi Arabia’s ambassador to Egypt, Ahmad Qattan.

According to the latest report, Saudi Arabia’s exports to Egypt were notably in 12 items; petroleum, petrochemical, and paper products, pharmaceuticals, dyes and paintings.

For the Egyptian exports to Saudi Arabia, they are mainly in 12 items; home appliances, wires, cables furniture, orange, onion and dairy products.