Last Update 22:51
Tuesday, 15 October 2019

Egypt's trade deficit up 10% in March: CAPMAS

Ahram Online , Wednesday 12 Jun 2019
Egypt's Capmas (Ahram Online)
Views: 1642
Views: 1642

Egypt's trade deficit went up 10 percent in March to $4.15 billion, compared with $3.77 billion in the same month a year earlier, official statistics agency CAPMAS said.

Exports dropped 3.9 percent year-on-year to $2.58 billion in March, CAPMAS said in a monthly report published on Wednesday. It attributed the decline to a decrease in exports of some products including ready-made garments, crude oil, oranges and potatoes.

Imports went up 4.3 percent year-on-year to $6.7 billion in March. This was driven by an increase in imports of plastics, chemicals, wheat and meat.

The trade deficit stood at $37.3 billion in the 2017/2018 fiscal year, compared with $35.4 billion the year before.

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.