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Export of Bulgarian cereals to Egypt grows

published on 4/10/23 4:24 PM

Caretaker Economy Minister Nikola Stoyanov (right) and Egyptian Ambassador to Bulgaria Khalid Emara

Photo: mi.government.bg

The trade between Bulgaria and Egypt grew by 40% in 2022 compared to the previous year and amounted to USD 828.34 million, Economy Ministry reported after a meeting between caretaker Economy Minister Nikola Stoyanov and Egyptian Ambassador to Bulgaria Khalid Emara on Monday.

The past year has also seen a great increase in the purchases of Bulgarian cereals, Khalid Emara noted, stressing that Cairo continues to have a serious interest in the import of wheat and sunflower seeds from Bulgaria.

The meeting also focused on potential cooperation in the automotive industry, energy sources and start-ups. Various initiatives with the participation of Bulgaria in Egypt were discussed, aimed at the production of components for electric cars and software solutions in the sector.

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Radio Bulgaria Economy automotive industry Bulgaria Egypt grain Khalid Emara Nikola Stoyanov trade

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Export of Bulgarian cereals to Egypt grows

More from category

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

Bulgarian economy registers upsurge, yet unevenly distributed over different regions

More than EUR 1 billion to be allocated for agriculture and the development of local economies

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion