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" trade deficit"

116 results

Business - Economy
3/12/2024 1:08:27 PM
Merchandise exports rose in January and February by six percent to over $6.1 billion, up from the $5.8 billion recorded in the same months of 2023, Minister of Trade and Industry Ahmed Samir said on Monday.

Business - Economy
2/20/2024 5:45:18 PM
Egypt's commodity exports witnessed substantial growth in January, surpassing $3 billion, a significant rise from the $2.8 billion recorded in January 2023, resulting in a decline in trade deficit, Minister of Trade and Industry Ahmed Samir said on Tuesday.

Business - Economy
1/29/2024 9:56:49 PM
Egypt’s food exports increased by 14 percent (about $602 million), reaching all-time high of $5.1 billion in 2023, up from $4.5 billion in a year prior, according to data released by the Food Expert Council (FEC) on Monday.

Business - Economy
1/7/2024 7:37:30 PM
Egypt’s non-oil trade deficit dropped 26.29 percent year-on-year (YoY) to $6.63 billion in the third quarter of 2023 from $8.99 billion in the same quarter a year earlier, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
1/6/2024 7:05:33 PM
Egypt’s current account deficit decreased by 12.1 percent to $2.8 billion during the period between July and September 2023, compared to $3.2 billion a year prior, according to the data released by the Central Bank of Egypt (CBE) on Thursday.

Business - Economy
12/24/2023 4:40:16 PM
Egypt’s exports dropped 22 percent year-on-year (YoY) to $30.8 billion during the first nine months of 2023, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.

Business - Economy
12/18/2023 1:17:07 PM
Egypt’s non-oil trade deficit shrank by 15 percent to record $9.1 billion during the third quarter of 2023, compared to $10.7 billion in the corresponding quarter of 2022, according to data released by the cabinet’s Information and Decision Support Centre (IDSC) on Monday.

Business - Economy
12/6/2023 1:13:03 PM
Egypt’s trade deficit increased by 10.3 percent to reach $3.24 billion in September compared to $2.84 billion in the same month last year, according to the data released by the Central Agency for Public Mobilization and Statistics (CAMPAS) on Wednesday.

Business - Economy
11/2/2023 11:13:02 AM
Egypt's trade balance deficit shrank by 22.3 percent in August to reach $3.88 billion, down from $4.99 billion in August 2022, according to the data released by the Central Agency for Public Mobilization and Statistics (CAMPAS) on Wednesday.

Business - Economy
10/31/2023 7:27:24 PM
Egypt's food industry exports reached $3.9 billion in the first nine months of 2023, according to data released by the Food Export Council (FEC) on Tuesday.

Business - Economy
10/8/2023 5:16:00 PM
Egypt’s trade deficit declined by 23.59 percent during the fiscal year 2022/2023, primarily due to a significant decline in non-oil imports, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
9/12/2023 6:06:59 PM
Egypt's food industry exports rose by 10.5 percent recording $2.6 billion in the first seven months of 2023, up from $2.3 billion in the corresponding period in 2022, Minister of Trade and Industry Ahmed Samir said on Monday.

Business - Economy
9/11/2023 1:56:58 PM
Egypt's trade balance deficit dropped by 47.7 percent to $2.32 billion in June 2023, down from $4.43 billion in June 2922, reported the Central Agency for Public Mobilization and Statistics (CAMPAS) on Saturday.

Business - Economy
8/8/2023 3:42:11 PM
Egypt's trade deficit grew by 4.3 percent to $3.74 billion in May 2023, compared to $3.57 billion in the same month last year, owing to a plunge in natural gas exports and a surge in wheat imports.

Business - Economy
7/4/2023 5:03:38 PM
Egypt's trade deficit surged 23.8 percent in April over the same month in 2022, driven by a drop of more than 75 percent in gas exports, according to the monthly external trade bulletin released by the Central Agency for Public Mobilisation and Statistics (CAPMAS).

Business - Economy
6/18/2023 12:29:56 PM
Egypt's trade deficit dropped by 49.6 percent in March compared to the same month last year, as wheat imports plunged by 41.9 percent.

Business - Economy
5/16/2023 7:38:46 PM
Egypt's exports to Germany, Spain, France and the UK have surged in 2022 thus lowering the trade deficit with these four major European, according to Minister of Trade and Industry Ahmed Samir.

Business - Economy
5/3/2023 3:31:48 PM
Egypt's trade balance deficit dropped by 48.2 percent to $2.1 billion in February 2023, down from $4.06 billion a year earlier, reported the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Wednesday.

Business - Economy
4/7/2023 12:31:00 PM
Egypt's trade balance deficit recorded $2.48 billion in January 2023, a 47 percent drop from the $4.68 billion figure recorded in the same month in 2022. This is largely due to the devaluation of the Egyptian pound, which leads to decreased imports.

Business - Economy
3/8/2023 4:13:38 PM
​Egypt’s foreign debt fell during the first quarter (1Q) of FY2022/2023 (July-September) to $154.9 billion, down from $155.7 billion recorded in the corresponding quarter of FY2021/2022, the Central Bank of Egypt (CBE) announced on Wednesday.

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