Egypt’s non-oil imports reach $4.87B in June

CAIRO – 4 September 2019: Egypt's non-petroleum imports dropped 13.57 percent in June, to record $4.877 billion, compared to $5.643 billion during the same month in 2018, according to the General Organization for Import and Export Control (GOEIC).

GOEIC added that Egypt's imports declined in eight sectors, most prominently in the furniture sector whose imports lessened remarkably to $56 million in June 2019, compared to $127 million during the same period in 2018.

It stated that imports of leather products logged $11 million, down from $18 million during the compared month of 2018.Moreover, Egypt's imports of construction materials shrank to $733 million, from $1.92 billion in June 2018.

According to GOEIC, Egypt's imports of electronics and engineering products recorded $1.186 billion, compared to $1.355 billion in the compared period.Imports of chemicals and fertilizers also decreased to $735 million, compared to $808 during the same period last year.

Earlier, GOEIC said that Egypt's non-oil exports increased by 5 percent in June, to reach $1.905 billion, compared to$1.81 billion during the same month in 2018.