Trade Deficit

Volume of Egypt's non-oil trade deficit hits $9.3B in Q4 of 2023

Wed, 27 Mar 2024 - 01:15 GMT

IDSC's data revealed that China emerged as Egypt's most significant trading partner, with a trade exchange volume of $3.4 billion during Q4 of 2023.

Egypt’s trade balance deficit hits $3.03B in December 2023: CAPMAS

Mon, 11 Mar 2024 - 02:11 GMT

During December 2023, the value of Egypt's exports declined by 23.0 percent, to record $3.48 billion, in contrast to $4.52 billion in the same month of 2022.

Egypt’s trade deficit value widens by 5% in November 2023: CAPMAS

Mon, 05 Feb 2024 - 02:04 GMT

CAPMAS also showed that Egypt’s exports decreased by 20.6 percent reaching $3.21 billion during November 2023 compared to $4.04 billion during the same month of the previous year

Egypt's trade balance deficit drops 16.6% in October 2023: CAPMAS

Mon, 08 Jan 2024 - 11:12 GMT

CAPMAS further indicated that Egypt's exports declined by 19.2 percent in October 2023, amounting to $3.23 billion, down from $4 billion in October 2022.

IDSC reports 15% decline in Egypt’s non-oil trade deficit

Mon, 18 Dec 2023 - 04:02 GMT

In its quarterly non-oil merchandise exports report, the IDSC reported an increase of 10.4 percent in non-oil exports during the July-September period to reach $8.5 billion compared to the $7.7 billion recorded in Q3 2022

Egypt’s trade deficit hits $3.14B in September 2023: CAPMAS

Sun, 10 Dec 2023 - 02:03 GMT

The report indicates a notable decline in the value of exports, which amounted to $2.94 billion during September 2023

August figures show trade deficit down by 22.3 percent to record $3.8B, CAPMAS

Tue, 31 Oct 2023 - 05:23 GMT

Exports from Egypt declined by 1.9 percent to reach $3.36 billion during August 2023, compared to $3.43 billion reported in August of last year

Trade deficit narrows by 26.4% YoY during first 9M of 2023, media reports

Tue, 31 Oct 2023 - 12:22 GMT

The source attributed the deficit’s decline to the country’s woes with foreign currency, leading to exports dropping by 3 percent to record $26.2 billion

Egypt's trade deficit dips to $2.93B in July: CAPMAS

Mon, 09 Oct 2023 - 04:30 GMT

Egypt’s exports declined by 10.9 percent, recording $3.10 billion in July, compared to $3.47 billion in the same month of the previous year, according to the monthly report on external trade data.

Egypt's trade deficit increases by 4.3% in May amidst export challenges

Tue, 08 Aug 2023 - 03:47 GMT

The CAPMAS noted that exports decreased by 20.9 percent during May, recording $3.38 billion, compared to $4.28 billion for the same month in 2022.

Egypt’s trade deficit surges to $2.33 billion, driven by decline in gas exports: CAPMAS

Wed, 05 Jul 2023 - 01:15 GMT

A steep decline in exports of natural and liquefied gas was a main contributor, plummeting by 75.6 percent

Egypt's trade deficit decreases 47% during January

Thu, 06 Apr 2023 - 03:19 GMT

The decline in the trade balance deficit during January 2023 is due to a decrease in the value of imports by 28.2 percent, reaching $6.33 billion, compared to $8.83 billion for the same month of the previous year.

Egypt's trade deficit decreases 54% during December

Tue, 14 Mar 2023 - 05:59 GMT

The decline in the trade balance deficit during December 2022 is due to a decrease in the value of imports by 28 percent, reaching $6.11 billion, compared to $8.49 billion for the same month of the previous year.

Egypt's trade deficit decreases 38.5% during November

Tue, 07 Feb 2023 - 12:43 GMT

Egypt’s imports dipped during November 2022 by 26.8 percent, to reach $5.94 billion, down from $8.11 billion during November 2021.

Egypt succeeds in decreasing trade balance deficit

Tue, 20 Dec 2022 - 05:02 GMT

The trade balance deficit decreased to $33.5 billion in the first nine months of 2022 in comparison to $34.9 billion during the same period in 2021 with a 4 percent decrease.

Egypt's trade deficit decreases 41.3% during September

Mon, 05 Dec 2022 - 03:03 GMT

The decrease in the deficit to an increase in exports during the month by 11.6 percent on an annual basis, to record $4.11 billion, and a decrease in imports by 16.4 percent on an annual basis, to a record of $6.55 billion.

Egypt's trade deficit increases 0.6% during August

Sun, 13 Nov 2022 - 02:44 GMT

Exports decreased 7.6 percent, recording $3.33 billion in August 2022, compared to $3.61 billion during the same month of 2021.

Egypt's trade balance deficit falls by 28.7% in July yr-on-yr with export increase of 2.2%, import decrease of 14.8%

Tue, 11 Oct 2022 - 05:12 GMT

Egypt’s trade balance deficit fell by 28.7 percent in July year-on-year, recording $2.7 billion compared to $3.8 billion in the same month of 2021, according to an official Tuesday report.

Egypt's trade deficit dips 12.4% to $3.21 in June

Mon, 12 Sep 2022 - 07:31 GMT

CAPMAS elaborated that exports decreased 3.3 percent, recording $3.75 billion in June 2022, compared to $3.88 billion during the same month of 2021.

Egypt's trade deficit dips 35.8% to $2.61 in May

Wed, 17 Aug 2022 - 03:26 GMT

Exports increased 18.3 percent, recording $4.01 billion in May 2022, compared to $3.39 billion during the same month of 2021.

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