The value of Egyptian imports from Brazil reached $3 billion in 2023, compared to $3.7 billion in 2022
As Egypt officially steps into the bloc, its new BRICS membership unlocks a wide range of opportunities for the country as it gains further access to a diverse economic network with similar global goals
Additionally, Brazilian exports to Cairo recorded about $1.89 billion, while Egypt’s exports to Brazil reached about $440 million
This move represents a significant step forward in the two nations' economic and trade relations.
The plan features organizing a conference to introduce the Egyptian business community to the new stage of customs exemptions.
