Egypt car imports increase 35% in first 10 months of 2015/16

Ahram Online , Saturday 9 Jul 2016

Cars in Cairo
File photo A general view of the traffic on a crowded road in Cairo (Reuters)

Egypt's car imports increased by 35 percent in the first 10 months of fiscal year 2015/2016 according to the Egyptian customs authority, Ahram Arabic news website reported.

The value of the of cars imported from July 2015 to April 2016 reached EGP 35.8 billion compared to EGP 26.6 billion in 2014/2015, and EGP 14.48 billion in 2013/2014.

The customs authority also revealed that the value of the passenger cars imported from July 2015 to April 2016 reached EGP 21.08 billion, while other types of vehicles imported reached EGP 14.7.

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