The second largest export destination. Trade between India and Egypt during the last financial year (April 2014 – March 2015) has been recorded at USD 4.76 billion. India’s imports from Egypt were worth USD 1.74 billion during 2014-15.
There has been diversification in the export basket of Egyptian products to India. Indian exports to Egypt during 2014-15 have been recorded at USD 3.02 billion.
In addition to politics and economy, there are certain specific areas that both countries would like to have closer cooperation in, including the fields of energy and medicine.
Contributed By Sonia Narula