Egypt's non-petroleum exports record $6.3 bln in Q1 of 2017: min.

CAIRO - 27 April 2018: Egypt’s non-petroleum exports have seen a remarkable increase of 15 percent year-on-year in the first quarter of 2018, Minister of Trade and Industry Tareq Qabil said in a statement Friday.

The exports registered $6.3 billion in the first quarter of the year, compared to $5.5 billion during the same period a year earlier, the minister announced according to the latest report received from the General Organization for Import and Export Control on Egypt’s external trade indicators.

This increase has helped achieve growth in the volume of the country’s foreign trade, which rose nine percent in the same period to $21.2 billion, compared to $19.5 billion in the previous year, he added.

Qabil also revealed that Egypt’s trade deficit improved two percent in the first quarter of the year.