Arab Finance: The bilateral trade between Egypt and Greece reached $1.6 billion in 2024, compared to $2 billion in 2023, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) data.
The value of the Egyptian exports to Greece dropped to $1.1 billion last year from $1.4 billion in 2023, while the Egyptian imports from Greece declined to $564 million from $657 million.
Remittances from Egyptians working in Greece stood at $15 million during the fiscal year (FY) 2023/2024, higher than $14.3 million in FY 2022/2023.
Meanwhile, the value of remittances from Greeks working in Egypt hiked to $3.4 million from $2.7 million.
Greece injected investments valued at $13.9 million in Egypt during FY 2023/2024, compared to $6.7 million in the previous FY.
As for the Egyptian investments in Greece, the country increased its investments to $1 million from $700,000.