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Egypt’s trade deficit decreases in September

Egypt’s trade deficit decreases in September

Cairo, Dec 13 (Prensa Latina) Egypt's trade deficit reached 2.39 billion dollars in September, a year-on-year decrease of 22.5 percent, the state's statistics agency CAPMAS reported on Monday.
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In its monthly bulletin about the issue, the agency highlighted that during that period, Egypt’s exports increased by 36.6 percent to register 3.45 billion dollars.

According to CAPMAS, the increase was motivated by higher sales of fertilizers, food products and clothing.

Meanwhile, imports rose 8.2 percent to 5.84 billion dollars.


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