|
Bilateral Trade and Economic relations between Egypt and France
a.
Contractual Framework Agreements:
|
Agreement |
Date of entry into
force |
|
Agreement to promote and protect the investments
between the two parties |
22/12/1974 |
|
Agreement on the avoidance of Double taxation
|
28/07/1995 |
|
E.U Association Agreement |
01/06/2004 |
|
Agreement for debt equity swaps (45.7 Million
Euros) |
April 2004 |
|
Agreement of establishment of the Egyptian French
business presidential council |
09/11/2006 |
b.
Trade flow during the period (2004- April 2008):
Million Euro
|
Item/ Year |
2004 |
2005 |
Mutation % |
2006 |
Mutation % |
2007 |
Mutation % |
Jan-April
2007 |
Jan-Apr 2008 |
Mutation
% |
|
Egyptian Exports |
400 |
652 |
63 |
945 |
45 |
719 |
-24 |
217.43 |
244.03 |
12.2 |
|
Egyptian Imports |
1151 |
1525 |
32 |
1325 |
-13 |
1198 |
-10 |
398.64 |
376.74 |
-5.4 |
|
Trade
Volume |
1551 |
2177 |
40 |
2270 |
4 |
1917 |
-15 |
616.07 |
620.77 |
0.7 |
|
Trade
Balance |
-751 |
-499 |
-33% |
-380 |
-23 |
-479 |
+26 |
-181.2 |
-132.7 |
-26.7 |
|
|
·
Top 10 Egyptian Exports to
France:
(Value in
Euro)
Source: Eurostat.
|
Product |
2005 |
2006 |
2007 |
% of total
in 2007 |
|
27-MINERAL
FUELS |
315,824,88 |
743,139,104 |
418,058,458 |
58.2 |
|
31-FERTILISERS |
39,363,925 |
45,146,935 |
104,612,531 |
14.6 |
|
74-COPPER
AND ARTICLES THEREOF |
47,898 |
21,683,121 |
50,809,777 |
7.1 |
|
61-ARTICLES
OF APPAREL |
13,653,630 |
15,553,931 |
19,691,196 |
2.7 |
|
39-PLASTICS
AND ARTICLES THEREOF |
17,730,719 |
17,651,965 |
15,837,648 |
2.2 |
|
07-EDIBLE
VEGETABLES |
9,270,582 |
10,035,398 |
11,894,320 |
1.7 |
|
63-OTHER
MADE-UP TEXTILE ARTICLES |
10,020,599 |
10,208,366 |
11,339,735 |
1.6 |
|
85-ELECTRICAL MACHINERY |
11,234,417 |
7,601,387 |
8,871,122 |
1.2 |
|
84-NUCLEAR
REACTORS, BOILERS |
20,535,921 |
7,059,117 |
8,019,145 |
1.1 |
|
69-CERAMIC
PRODUCTS |
5,025,569 |
5,379,682 |
6,658,676 |
0.9 |
|
Total top
10 exported products |
442,708,140 |
883,459,006 |
655,792,608 |
91.3 |
|
Total
products |
652,766,105 |
945,780,865 |
718,588,525 |
100.0 |
·
Top 10 Egyptian Imports from France:
(Value
in Million Euro)
|
Product |
2005 |
2006 |
2007 |
% of
total in 2007 |
|
-88-AIRCRAFT,
SPACECRAFT, AND PARTS THEREOF |
504 |
195.2 |
114.4 |
9.5 |
|
84-NUCLEAR REACTORS, BOILERS AND PARTS THEREOF |
145.6 |
184.4 |
161.5 |
13.4 |
|
85-ELECTRICAL MACHINERY |
194.6 |
174.6 |
210.6 |
17.5 |
|
73-ARTICLES OF IRON OR STEEL |
26.5 |
34.6 |
68.3 |
5.7 |
|
30-PHARMACEUTICAL PRODUCTS |
67.5 |
78.9 |
85.7 |
7.1 |
|
29-ORGANIC CHEMICALS |
49 |
50.8 |
57.02 |
4.7 |
|
90-OPTICAL, PHOTOGRAPHIC |
49.9 |
49.8 |
41.4 |
3.4 |
|
38-MISCELLANEOUS CHEMICAL PRODUCTS |
31.2 |
46.6 |
37.6 |
3.1 |
|
07-EDIBLE VEGETABLES |
22.9 |
32.02 |
45.3 |
3.7 |
|
87-VEHICLES OTHER THAN RAILWAY |
31.9 |
35.3 |
41.2 |
3.4 |
|
Total Top 10
imported products |
1123.1 |
882.22 |
863.02 |
72.06 |
|
Total Imports |
1525.07 |
1325.2 |
1197.6 |
|
Source:Eurostat
|
