Egypt's imports from COMESA countries record decline by end of 2021: CAPMAS

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Thu, 12 May 2022 - 08:30 GMT

BY

Thu, 12 May 2022 - 08:30 GMT

Imports ship - FILE

Imports ship - FILE

CAIRO - 12 May 2022: The Central Agency for Public Mobilization and Statistics (CAPMAS) monitored a noticeable decline in the volume of Egyptian imports from the COMESA group recently, as the total value of Egyptian imports amounted to about 15.8 million dollars in December 2021, compared to 31.4 million dollars in December 2020, a decline of about $15.6 million.
 
CAPMAS issued a bulletin, saying that Egypt’s imports from Tunisia amounted to about 4 million dollars last December, compared to 13.4 million dollars in the same month in 2020, a decrease of 9.4 million dollars, followed by imports from Libya, which amounted to about 3 million dollars last December, compared to 5.3 million dollars in the same month in 2020, a decrease of 2.7 million dollars.
 
The list of countries also included Egyptian imports from Zimbabwe, which amounted to $2.4 million last December, compared to $3 million in the same month in 2020, a decrease of $600,000. As for the rest of the COMESA countries, imports from them declined and amounted to $600,000 last December, compared to $9.7 million in the same month in 2020, a decrease of $9.1 million.
 
The Egyptian exports to the Arab countries amounted to about 929.6 million dollars last January, while they were 886.3 million dollars in January 2021, an increase of about 43.3 million dollars.
 
The list of countries that witnessed an increase in the volume of Egyptian exports to them included the Kingdom of Saudi Arabia. The UAE, Sudan and Libya, where the value of Egypt’s exports to Saudi Arabia amounted to about 195.1 million dollars last January, compared to 166.4 million dollars in January 2021, an increase of 28.7 million dollars.

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