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Egypt's non-oil exports rise by 14.3% in seven months - Daily News Egypt

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Egypt’s non-oil exports rise by 14.3% in seven months

The ministry said in a statement that imports increased by 15.28% reaching $38.156bn compared to $33.97bn in the same period last year.


The volume of Egyptian non-petroleum exports increased during the first seven months of 2018 by 14.3%, reaching $14.892bn up from $13.25bn in the same period last year, according to the Ministry of Trade and Industry on Sunday.

The ministry said in a statement that imports increased by 15.28% reaching $38.156bn compared to $33.97bn in the same period last year.

The statement added that the exchange rate of non-oil commodities rose during the period from January to July of this year by 15.01% compared to the same period in 2017.

Trade exchange between Egypt and the world in that period reached $53.48bn compared to $46.122bn in the same period last year.

The volume of trade between Egypt and the United States of America for non-oil goods increased during the period by 29.2% reaching $3.822bn compared to $2.9856bn in 2017.

The rates of trade exchange with African countries, excluding Arab countries, in the first seven months of 2018 increased by 24.8% recording $1.477bn compared to $1.159bn in the same period of 2017.

The exchange rates between Egypt and the Arab countries increased significantly by 11.8% reaching $7.946bn against $7.104bn in the same period of 2017.

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https://dailyfeed.dailynewsegypt.com/2018/09/16/egypts-non-oil-exports-rise-by-14-3-in-seven-months/
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