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Sunday, 19 January 2020

Egypt-US trade exchange up 8 percent in the first half of 2019: CAPMAS

MENA , Sunday 22 Sep 2019
Egypt
Egypt's Capmas (Ahram Online)
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The volume of trade exchange between Egypt and the US hits $3.7 billion in the first half of 2019, against $3.4 billion in the corresponding period in 2018, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
 
In a statement on Sunday, CAPMAS said Egypt's exports to the US stood at $1 billion in the first half of 2019, against $841.784 million in the same period in 2018, at a 19.9 percent rise.
 
Egyptian imports to the US recorded $2.7 billion in the first six months of 2019, at a 4.1 percent uptick, in comparison with the same period in 2018.
 
The net US investments in Egypt in the first half of the 2018-2019 fiscal year reached $1.70 billion at a 5.2 percent rise, in comparison with the same period in the 2017-2018 fiscal year.
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