Trade Balance Deficit
Merchandise exports surged by 9.8 percent to hit $19.641 billion from January to June, while imports dwindled by around 3.3 percent to $35.565 billion.
CAPMAS also reported that Egypt’s trade balance deficit fell by 20.8 percent from January-June 2023 to record $17.84 billion, compared to $22.52 billion during the same period in 2022
Exports hiked 43.5 percent to reach $3.41 billion in March 2021, compared to $2.38 billion during the same month of 2020.
The trade balance deficit has retreated by 28.8 percent to reach 2.9 billion dollars during October 2020, compared with 4.1 billion during the same month in 2019, said the Central Agency for Public Mobilization and Statistics (CAPMAS) on Monday.
CAPMAS revealed Monday that the value of the trade balance deficit reached $1.92 billion in April 2017 versus $3.99 billion for the same month of 2016.