The value of trade exchange between Egypt and Algeria increased to $622 million during the first 8 months of 2024, compared to $563 million during the same period in 2023, according to the latest data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).

During the first 8 months of 2024, the volume of Egyptian exports to Algeria increased to $605 million, compared to $556 million during the same period in 2023.

Egypt's most important commodity groups exported to Algeria came as follows: Aromatic oils and cosmetics worth $84 million, Plastics and their products worth $75 million, and iron and its products worth $67 million.

The volume of Egyptian imports from Algeria reached $17 million during the first 8 months of 2024, compared to $8 million during the same period in 2023.

The most important commodity groups imported by Egypt from Algeria came as follows, organic and inorganic chemical products worth $12 million, iron and steel worth $1.3 million, glass and its products worth $1 million, and rubber and its products worth $1 million.

The value of Algerian investments in Egypt recorded $13.7 million during FY2022/2023, while Egyptian investments in Algeria amounted to $4.5 million during FY 2022/2023.