Middle East Eye: Egyptian, Emirati and Jordanian exports to Israel have risen since the start of the war on Gaza
According to a new report by Israel’s Central Bureau of Statistics, Egyptian exports to Israel doubled in 2024 compared to the previous year.
Middle East Eye quoted data published by the Israeli Bureau of Statistics, which showed that Egyptian exports in May 2024 amounted to $25 million, double the exports of the same period in 2023.
Israeli natural gas exports to Egypt have increased significantly, and despite tensions between the two countries since the start of the war in Gaza, and tensions on Egypt’s border with Rafah, energy and security cooperation has increased during this period.
According to the report, UAE exports to Israel have also increased, rising to $242 million in May, compared to $238.5 million in May 2023.
According to the report, Jordanian exports to Israel rose to about $ 35.7 million in May this year, compared to $ 32.3 million last year.
The statistical report revealed that Turkish exports fell by more than half after restrictions imposed by the Turkish Ministry of Trade on exports to Israel due to the war in Gaza.
In May 2023, Turkish exports to Israel amounted to $376.6 million, but fell to $116.8 million in May 2024.
Tensions on Egypt’s border with Gaza escalated in May, after the Israeli army took control of the Rafah crossing.
Two Egyptian soldiers were killed in a shootout with Israeli forces at the Rafah crossing last month, but Cairo’s response was seen by some as weak.
Israeli trade with Egypt grew by 56% in 2023 and rose 168% year-on-year in the fourth quarter, according to a report by the Abraham Institute for Peace Agreements.
In 2022, the two countries set an annual trade target of about $700 million by 2025, up from about $300 million in 2021.
