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Egypt signs agreement with ITFC to fund commodities imports worth $1.1bn in 2020
The funds are within the $3bn agreement framework between Egypt and ITFC that was signed in January 2018.
Administrative Court cancels fees on iron billets imports
The court, headed by Counselor Mounir Abdel Kudous, decided to suspend the decision, and referred it to the State Commissioners Authority, an advisory body within the State Council, for technical review
Egypt’s trade balance increases by 10.1 % in March 2019
According to the bulletin, the deficit value of the trade balance reached $4.15bn during March 2019, versus the $3.77bn for the same month of previous year, which is an increase of 10.1%
Egypt’s exports to Arab countries hike by 7.7% in February, reaching $860.4m
The report added that the UAE is the largest Arab importer of Egypt’s products in February 2019, with a total export of $177.9m, compared to $202.4m during February 2018, a decrease of 12.10%
Egypt’s trade exchange with Indonesia hikes by 18% during Q1 of 2019
Business mission likely to visit Egypt in September, says Indonesian ambassador
Egypt’s foreign trade reaches $47.8bn in second half of 2018: CBE
Fourteen countries account for 60.62% of Egypt’s foreign trade volume, led by China
Egypt’s volume of food imports reaches EGP 227.7bn in 2018
Most of commodities benefited from low customs duties of current tariff
Brazil imports from Arab region reach $7.6bn in 2018
“We expect these figures to rise further in 2019”: President of ABCC
Fuel imports costs $450m monthly
Gasoline, diesel, butane account for largest part of imports, imports will be cut in 2019, as several new refining units in Egypt spring into action
Dallied exports
Imports worth twice exports: CEIC
Egypt’s imports registered $49bn in 2018: official data
Mineral, chemical, agricultural, electrical equipment, base metals’ products, top prevailing imports
Non-essential imports items to be revised on monthly basis: Moeit
Budget deficit to be under 5% of GDP by FY 2020/21
11%, 19% annual increase in non-oil Egyptian exports, imports, respectively in 10M18
Rationing Egypt’s imports’ decision negatively affected state’s exports, industry, says Shiha
Egypt’s fuel imports rise to $5bn in five months
Total fuel imports from January to May 2018 rose to about $5.035bn compared to $4.924bn in the January-May 2017 period, with an increase of nearly $111m. According to the latest statistics of the Central Agency for Public Mobilization and Statistics (CAPMAS), total imports of crude oil amounted to $1.483bn, during the first five months of …
Egypt’s fuel imports value increases to $4bn within 4 months
Egypt’s fuel imports value rose to about $4bn from January to April 2018, compared to $3.9bn during the same period in 2017—an increase of $124m. The Central Agency for Public Mobilisation and Statistics (CAPMAS) reported that the value of the country’s crude oil imports during the first four months of the year amounted to $1.15bn, …
Trade exchange between Egypt, world at $42.86bn from July-December 2017: CBE
Imports at $30.8bn, exports score $12.05bn in last 6 months of 2017
Israeli gas imports suspension lawsuit: Another stumbling block to Egypt’s energy hub aspirations
Cairo Administrative Court referred on Tuesday a lawsuit demanding the suspension of the approval of natural gas imports from Israel, for violating the Egyptian Constitution and Law No 196 of 2017 regulating the gas market to the State Council Commissioner Authority (SCCA). The lawsuit alleges that allowing natural gas imports from the “Zionist entity” endangers …
235,600 tonnes Egypt’s imports of butane gas in December 2017
Egypt’s imports of butane gas during the month of December increased by 42,000 tonnes, reaching 235,600 tonnes compared with 193,500 tonnes in December 2016. In December 2017, the consumption of butane gas reached 375,800 tonnes compared with 386,300 tonnes in December 2016, down by 11,000 tonnes. The production of butane gas was stable during December …
US Department of Commerce recommends imposing 53% tariff on steel imports from Egypt, 11 other countries
The US Department of Commerce has made recommendations to the US president to impose a tariff of at least 53% on all steel imports from 12 countries: Brazil, China, Costa Rica, Egypt, India, Malaysia, South Korea, Russia, South Africa, Thailand, Turkey, and Vietnam, with a quota, depending on product, on steel imports from all other …
Egypt ranks 2nd in world citrus imports, competes with 4 countries
Total exports last season reached 1.52m tonnes
Egypt salt imports reach $3.6bn
Egypt’s imports of sodium chloride (salt) during the period from 2014 to 2016 reached $3.6bn, Deputy Head of Petroleum & Mining Industries Chamber Abdul Latif El Kourdy said, adding that Egypt should move to export salt rather than importing it. During a workshop on the salt industry in Egypt, El Kourdy said that the wealth …
Egypt exports to Africa $1.253bn in 2016, $1.043bn in imports
Exports include sugar, paper, gold, essential oils, plastics, imports include natural gas, tea, copper, coal, iron ore
Egypt imports register $36.21bn in first 7 months against $14.854bn of imports: CAPMAS
Industry needs, fuel, oil and capital goods are at the top of imported goods, passenger cars are the lowest exports
Egypt’s exports in July register $1.92bn, against $5.42bn of imports: CAPMAS
14.7 % decrease in the deficit of trade balance in July
Abu Auf seeks 100% increase in exports, EGP 350m worth of sales by end of 2017
The company will open a new production line this month and expand in planting dates within the next two years
Egypt’s imports of LPG increases in July for first time in 3 months: CAPMAS
Egypt’s imports of liquid petroleum gas (LPG) increased slightly by 1.2% in July for the first time after declining from March to June, according to data from the Central Agency for Public Mobilisation and Statistics (CAPMAS). The monthly CAPMAS bulletin showed that imports of LPG increased to 167,200 tonnes, up from 165,200 tonnes year-over-year. Egypt’s …
Trade deficit drops 46% in H1 2017 with exports growth and imports decline
$10bn decrease in imports, $1bn increases in exports
Egypt’s oilseed imports to increase with expansions in crushing capacity: GAIN
Crushing capacity will total 15,000 MT per day in the course of MY 2017/18
Banks opened letters of credit worth $6.34bn for petroleum product imports in 2016: CBE
The banking system has collected $19.2bn since the flotation
Egypt resumes importing Brazilian meat: Ministry of Agriculture
The Egyptian Ministry of Agriculture confirmed in a statement to Reuters that imports of Brazilian meat have been resumed two days after being halted until confirmation of consumption safety was announced by Brazil