Egyptian exports to Russia in 2017 increased by 35%. Such data was announced by the Minister of trade and industry of the Arab Republic of Tariq Cabel, reports on Saturday the financial and economic portal "Amwal al-Gad".

"For the first time in history, exports exceeded $500 million, reaching in the last year $of 504.6 million versus $374 million a year earlier," he said. According to the Minister, the jump observed in the export of fruit and vegetables - only for this article, the increase was 39%, which in monetary terms amounts to $359 million, a 115% increase in deliveries to Russia of food, 600% - home appliances and 48% of medical drugs.

According to minpromtorgovli of Egypt, commercial and economic sector occupies a special place in bilateral relations. The volume of foreign trade turnover is approaching $3 billion US. Egypt's exports to Russia, mainly vegetables and fruits, citrus fruits, and other products. Russia, for its part, is the largest supplier of wheat to Egypt. The volume of Russian investments in the Egyptian market, where Russian companies involved in 417 projects in tourism, construction, communications and services, reached us $62,8 million

In 2014 Russia and Egypt have announced plans to leave in the coming years the trade turnover of $5 billion.