Egypt witnessed a 41.3% decrease in trade deficit in September 2022 - News Summed Up

Egypt witnessed a 41.3% decrease in trade deficit in September 2022


The Central Agency for Public Mobilisation (CAPMAS) and statistics issued a monthly bulletin of the country’s Foreign Trade Data, which said that the trade balance deficit reached $2.44bns during September 2022, versus $4.15bn for the same month of previous year — a decrease of 41.3%. Meanwhile, the value of some exports, such as petroleum products by 29.3%, crude oil by 47.0%, various pasta and food preparations by 22.6%, and drugs and pharmaceutical preparations by 25.5%. However, the value of some imports increased, such as petroleum products by 84.6%, natural gas by 69.0%, dairy products by 3.7%, and tanning and dyeing extracts by 21.2%. © 2022 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).


Source: Daily News Egypt December 09, 2022 04:48 UTC



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