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Egypt’s trade deficit declined by 22% in February: CAPMAS

Egypt’s trade deficit declined by about 22% in February 2016 compared to February 2015, according to a report issued on Thursday by the Central Agency for Public Mobilisation and Statistics (CAPMAS). The balance of trade is an economic measure of the difference in value between a country’s imports and exports during a given period. According …

Mohamed Ayyad

Trade deficit shrinks 25% in March

Meanwhile, imports fell 7.8% year on year to EGP 35.8bn due to the decreasing prices of some goods like wheat, corn, chemical products and wood. In March of last year, imports registered EGP38.8bn.

Nada Badawi

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