CAPMAS
The decline was attributed to a slight increase in Egyptian exports which was up by 0.8 percent to reach $3.29 billion compared to $3.26 billion recorded in April 2023
Vegetables and fruits came at the top of the most important commodity groups that Egypt exported to Serbia during 2023, with exports worth $5.7 million, followed by fertilizers worth $18.5 million, then plastics and their products worth $2.6 million.
CAPMAS also revealed that the food product industry’s index reached 123.72, declining 19.04 percent from March’s 152.81, which the statistics agency attributed to a shortage in raw materials required
The value of Egypt’s exports to the G7 countries in 2023 was $8.6 billion, compared to $11.4 billion in 2022.
Trade between Egypt and G7 countries dipped in 2023, dropping by 17% to around $26 billion, reported the Central Agency for Public Mobilization and Statistics (CAPMAS) on Thursday
CAPMAS data revealed that May inflation was primarily fueled by a 28.90 percent year-on-year (YoY) increase in the food and beverage sector, driven by a 26.60 percent YoY uptick in meat and poultry prices
Among the key commodities exported by Egypt to Azerbaijan were fertilizers valued at $6.2 million, electrical machines worth $5.2 million, clothes worth $2.1 million, iron and its products worth $726 thousand, and vegetables worth $695 thousand.
The volume of trade exchange between Egypt and China reached $13.9 billion in 2023, compared to $16.6 billion in 2022, according to Central Agency for Public Mobilization and Statistics (CAPMAS).
According to CAPMAS, Egypt's exports to Arab countries increased to $13.6 billion in 2023, up from $12.5 billion in 2022.
Egypt's statistical agency CAPMAS has released its annual bulletin on road and railway accidents in 2023
During Q1 of 2024, the labor force was estimated to consist of 31.397 million individuals, reflecting a 1.0% increase from the previous quarter's 31.101 million individuals.
Egypt's annual inflation rate declined to 33.1 percent during the month of March, compared to 36 percent during the month of February, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
Egypt's general consumer price index (CPI) reached 221.6 points in March 2024, with the monthly inflation rate standing at 1 percent during the same period, in contrast to 11 percent in February 2024
It noted that the index for the beverage industry rose to 225.74 during January 2024 compared to December 2023, where it reached 182.81, with an increase of 23.48 percent, in line with market needs.
The data from CAPMAS revealed that the value of exports experienced a decline of 15.6 percent during January 2024, amounting to $3.46 billion, compared to $4.10 billion in January 2023.
Italy and India were noteworthy as well, as Egypt imported goods worth $3.2 billion each from these countries. Additionally, Brazil's imports amounted to $3 billion, while Turkey and Kuwait had imports valued at $2.8 billion and $2.7 billion, respectively.
During December 2023, the value of Egypt's exports declined by 23.0 percent, to record $3.48 billion, in contrast to $4.52 billion in the same month of 2022.
CAPMAS further reported that the monthly inflation rate for February 2024 soared to 11.0 percent, compared to 1.7 percent in January 2024
Barakat further explained that four children are born every minute in Egypt, resulting in 5,600 newborns daily, equivalent to roughly one birth every 15 seconds.
Breaking down the specifics, iron and steel exports surged by 65 percent to reach $2.3 billion in 2023, compared to $1.4 billion in 2022
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