Last Update 21:35
Monday, 16 September 2019

Egypt, India trade exchange hits $ 1.4 bln during Q1 2019

MENA , Sunday 4 Aug 2019
Share/Bookmark
Views: 1052
Share/Bookmark
Views: 1052

During Q1 of 2019, trade between Egypt and India has increased by 11.2 percent compared with the same period of 2018, up to a record $1.4 billion.

The trade balance between the two countries recorded an increase in the value of deficit in favor of India, standing at $382 million during the period between January-April 2019, a statement by Egyptian Commercial Service (ECS) said on Sunday.

Egypt's exports to India recorded a notable increase of 10 percent during the first four months of 2019, compared with the same period in the previous year.

Alongside petroleum products, Egypt's exports of cotton, leather and glass to the Asian country saw a noticeable increase, a statement issued by the ECS in New Delhi on the trade and investment relations between the two countries indicated.

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
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.
Latest

© 2010 Ahram Online.