Egypt-South Korea trade volume increases by 35% in 2022 ...Egypt

Despite the COVID-19 pandemic and the deterioration of the global economic conditions, trade volume between Egypt and South Korea in 2022 increased by 35 percent year-on-year to reach US$3.15 billion, South Korean Ambassador to Cairo Hong Jin Wook announced. Economic cooperation between both nations has become more robust at a time when countries around the world are experiencing economic difficulties as a result of the global economic downturn, Jin Wook added on Sunday in a meeting with Egypt’s Finance Minister Mohamed Maait. The two officials discussed Korean companies operating in Egypt and ways to encourage more Korean investment. Egyptian exports to South Korea reached an all-time high

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