56829
Egypt Trade Deficit Down 19.9%
Egypt Trade Deficit Down 19.9%

Egypt Trade Deficit Down 19.9%

Egypt Trade Deficit Down 19.9%

Egypt’s trade deficit dropped 19.9% in October 2016 compared to the same month in 2015, reaching EGP 27.83 billion ($1.54 billion), the state’s statistics body CAPMAS announced on Tuesday, Ahram reported. On a month over month basis, the trade deficit increased in October 2016, compared to EGP 22.66 billion registered in September. Exports increased by 21.4% year-on-year in October, to reach EGP 16.22 billion, with exports of fertilizers increasing by 196.5% and crude oil by 71.1%. However, exports of fresh onion and dairy products declined by 48% and 30.6% respectively compared to October 2015.

 

Short URL : https://goo.gl/XfZ32u
  1. https://goo.gl/ktNSSl
  • https://goo.gl/SfJoc8
  • https://goo.gl/EU1ANC
  • https://goo.gl/6hs7vp
  • https://goo.gl/rkfFFG

You can also read ...

The treasury department in Washington
Foreign governments pulled back their purchases of longer-term...
Brazil, India Corporate Debt at Risk of Default
A 200 basis-point increase in interest rates could spark a...
Shares of petrochemical companies in Asia slumped on Tuesday, tracking the global equity downturn overnight.
The trade dispute between the world’s two largest economies...
Six people including two former HBOS bankers were jailed last year.
An internal Lloyds Banking Group report written by a former...
BoK Hints at Rate Increase
Bank of Korea Gov. Lee Ju-yeol indicated Tuesday that the bank...
China Accuses Trump of Blackmail, Vows Strong Retaliation
China vowed to retaliate after President Donald Trump...
London Metals Cut Losses
London metals edged higher and Shanghai contracts cut early...
Mario Draghi
Mario Draghi promised that the European Central Bank will take...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus