Imports
Kung clarified Sunday that Vietnamese exports to the Egyptian market worth $458 million, while the value of his country's imports from Egypt reached $33 million.
Gamea added Tuesday that Egypt’s imports from Japan also rose 18 percent to $443 million, compared to $375 million during January-May period of 2019.
The report said Italian food exports to Egypt witnessed a boost in 2018 and 2019, recording €48 million in 2019 against €39 million in 2018.
The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Wednesday a report on Egypt's exports and imports in 2019.
TV imports came within the Egyptian imports of durable consumer goods, which amounted to about $266.69 million, compared to $638.12 million in July 2019, marking a decrease of $371.43 million.
CAPMAS said exports declined 9.4 percent to reach $1.91 billion in August 2020, compared to $2.11 billion during the same month of 2019.
On the other hand, Arab countries’ exports to Egypt declined by $333.9 million.
CAPMAS said exports declined 15 percent to reach $2.15 billion in July 2020, compared to $2.53 billion during the same month of 2019.
The June BOP became $3.3 billion instead of $3.61 billion.
Minister of Industry and Trade Nevine Gamea issued Tuesday a decree suspending white sugar imports for another three months.
CAPMAS noted that non-oil imports amounted to about $6.179 billion in April, compared to $4 billion in the same month of 2019, marking a decrease of 35.2 percent.
“Egypt is one of the main commercial and pivotal partners of Indonesia, and it is the main gateway for our products to enter Africa,” Ambassador of Indonesia said.
All wheat shipments coming to Egypt are being examined by the Central Administration of Agricultural Quarantine amid very strict precautionary measures.
Additionally, crude oil imports have amounted to $119.93 million in April, compared to $227.33 million in April 2019, with a noticeable decline of about $107.940 million.
Egypt's trade balance deficit decreased 35 percent by $5.57 billion, during January -April period
In light of the decline of oil prices, Egypt increased its crude oil imports in the first two months of 2020.
There are negative and positive aspects.
Out of 15 seaports across the country, Alexandria Port is the gate of 40 percent of imports and exports and handles 157 million tons per annum.
Kuwait has facilitated entry measures of Egyptian agricultural imports into its territories.
CAPMAS said exports rose 1.4 percent to reach $2.48 billion in January 2020, compared to $2.45 billion during the same month of 2019.
