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Egypt Says Non-Oil Exports Increase 15 Percent in Q1 Of 2018, Trade Volume Grows
Source: 4/27/2018

Egypt said its non-oil exports for the first quarter of 2018 had increased by 15 percent compared with a year earlier, reaching $6.324 billion.

The volume of foreign trade in the same period grew 9 percent to $21.265 billion, up from $19.520 billion, Trade Minister Tarek Kabil said in a statement.

The trade budget deficit improved by 2 percent, the statement said. The improvements were thanks to increased exports from Egypt’s chemicals, fertiliser and clothes manufacturing sectors, among others, it said.

Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 

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