Trade Balance

CAPMAS: Trade balance deficit retreats by 36.2% in May

Wed, 29 Jul 2020 - 01:48 GMT

The report attributed this decline to a drop in the value of exports of certain commodities.

Trade Exchange between Egypt, Bahrain reaches $165M annually

Thu, 30 Aug 2018 - 12:44 GMT

Bahraini investments in Egypt reached $2.7 billion; ranking number 14 in the list of countries which invest in Egypt.

Overview of Egypt-UAE thriving economic relations

Sun, 07 Jan 2018 - 03:51 GMT

Egypt and the United Arab Emirates (UAE) enjoy solid economic relations that have particularly developed following the 30 June revolution in 2013.

Egypt's foreign trade stands at $71B since pound's flotation

Wed, 27 Dec 2017 - 10:30 GMT

Egypt’s trade balance was one of the beneficiaries from the flotation of the Egyptian pound late last year.

Egypt's FDI records $3B in Q1 FY 2017/18

Sun, 10 Dec 2017 - 12:39 GMT

Around 84 percent of FDI in Q1 were directed to the petroleum sector, according to the CBE.

Deficit in trade balance records $3.3B in August

Sun, 12 Nov 2017 - 10:41 GMT

Exports went up 17 percent in August to stand at $2.17 billion, compared to $1.86 billion in the same month last year.

Egypt’s furniture exports down 10% in first 9 months of 2017

Wed, 18 Oct 2017 - 04:17 GMT

Furniture exports declined 10 percent between January and September 2017 to $244.2 million, compared with $272 million in the same period last year.

Commodity imports drop 15.7% in 8 months

Wed, 18 Oct 2017 - 02:58 GMT

Supply commodities include 15 food items, representing 16 percent of Egypt’s non-oil imports.

Egypt extends anti-dumping duties on rebar iron for 2 months

Tue, 26 Sep 2017 - 02:48 GMT

The duties will increase on the rebar iron imported from China, Turkey and Ukraine.

UAE investments in Egypt improve, trade balance post surplus

Mon, 25 Sep 2017 - 09:49 GMT

Kabil made the statement as he headed to Abu Dhabi Monday morning, along with President Abdel Fatah al-Sisi.

Egypt's exports to UAE hit $1.2B in 1H of 2017

Mon, 11 Sep 2017 - 12:48 GMT

The advance achieved by the Egyptian exports contributed to increasing the trade balance between the two countries to $735 million.

Egypt’s trade flow surges by over 200% in 10 yrs: Study

Thu, 07 Sep 2017 - 06:00 GMT

Egyptian exports to COMESA countries increased 290.6 percent in 2015.

Egypt’s exports to EU up 16.5% in 1H 2017

Mon, 04 Sep 2017 - 09:53 GMT

Egyptian imports from the EU went down 29 percent in that period to $8.15 million from $11.5 million in the corresponding period last year.

Imports decline $900M in 30 days: CAPMAS

Thu, 31 Aug 2017 - 09:26 GMT

Exports declined to $1.8 billion in June 2017, after registering $2.28 billion in May 2017. Deficit of trade balance reached $1.8 billion in June.

Trade balance deficit loses $10B in one year: Trade Minister

Fri, 25 Aug 2017 - 11:00 GMT

"Imports used to kill industry for their bad quality and for the lack of surveillance," Minister of Trade Tarek Kabil noted.

Egypt’s meat imports decrease 20.3% to reach $113M in May

Mon, 14 Aug 2017 - 11:53 GMT

Medicaments and pharmacy products’ imports fell 15.2 percent to $159 million in May 2017, compared to $187.6 million in the same month of 2016.

Exports to GCC states hit $2.4B in 5 months

Thu, 10 Aug 2017 - 06:00 GMT

Imports from the UAE, Saudi Arabia, Bahrain, Oman, Qatar and Kuwait also rose to $2.65 billion in the period between January and May 2017.

Pound devaluation in favor of Egypt’s exports: Minister

Tue, 08 Aug 2017 - 09:16 GMT

Egypt’s exports increased 9.4 percent to $14 billion in the period between November 2016 and June 2017, after the devaluation.

Business news wrap-up

Thu, 03 Aug 2017 - 04:35 GMT

A wrap-up for the most prominent news circulated during the day.

Trade balance deficit drops 46% in H1 of 2017

Thu, 03 Aug 2017 - 08:50 GMT

The trade balance deficit declined 46 percent or $11 billion to reach $13 billion in the first half of 2017, down from $24 billion in the year-ago period.

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