Home Tech/AIIndustry & Trade Exports reach $2.23 bln in Egypt last Nov.

Exports reach $2.23 bln in Egypt last Nov.

by Yomna Yasser

Egypt’s exports stood at $2.23 billion in November 2017, the county’s state-run statics agency CAPMAS said Wednesday, adding that imports reached $5.09 billion during the same month of the year.

Egypt’s imports dropped $4.1 billion during the first ten months of 2017, compared to $58.04 billion during the same period in 2016, CAPMAS said in January.

The decrease comes on the back of a drop in Egypt’s imports of non-petroleum products, which amounted to $49.6 billion in the first 10 months of 2017, compared to $54.8 billion in 2016, according to CAPMAS figures.

Meanwhile, the country’s imports of petroleum products increased, reaching $4.34 billion in the same period, versus $3.21 billion in 2016.
Source: Egypt today

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