CAPMAS: Egypt-US trade exchange up 8 percent in 1st half of 2019

CAIRO, Sept 22 (MENA) - The volume of trade exchange between Egypt and the US hit dlrs 3.7 billion in the first half of 2019 against dlrs 3.4 billion in the corresponding period in 2018, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

In a statement on Sunday, CAPMAS said Egypt's exports to the US stood at dlrs one billion in the first half of 2019 against dlrs 841.784 million in the same period in 2018 at a 19.9 percent rise.

Egyptian imports to the US recorded dlrs 2.7 billion in the first six months of 2019 at a 4.1 percent uptick in comparison with the same period in 2018.

The net US investments in Egypt in the first half of the 2018-2019 fiscal year reached dlrs 1.70 billion at a 5.2 percent rise in comparison with the same period in the 2017-2018 fiscal year.