Latest in Tag: Trade deficit Highlight
Latest in Tag: Trade deficit
Country’s exports stood at EGP 22.8bn in 11M of 2020
Egypt’s trade deficit decreased by 28.8% to $2.9bn during October 2020, versus $4.1bn for the same month of previous year, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS).
Egyptian imports decreased by 21.3% to $5bn in September 2020, versus $6.4bn in September 2019, which led to the decline in Egypt’s trade deficit
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 …
Four working groups formed to draft a plan to accelerate import and export procedures
In a country that is more dependent on imports, it is generally common to find a deficit in trade balance
Egypt recorded trade balance deficit of EGP 26.7bn in March 2015
Meanwhile Egypt’s imports from Indonesia include chemicals and fertilisers, readymade clothes, weaving and textiles, furniture, leather products and others.
Egypt’s BOP recorded $410m surplus in Q1 2014/2015
Deficit reaches EGP 27.9bn compared to EGP 16.3bn in corresponding month last year
Imports and exports decrease by 18.8% and 12.7%, respectively
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.