Trade Deficit Shrinks 23% In September 2021

Giving More to Your Wealth
12 Dec 2021

CAPMAS (The Center for Public Mobilization & Statistics) reported that Egypt’s trade deficit during September 2021 dropped by 23% YoY to sit at USD2.4bn. Exports shot up by 37% YoY during September 2021 mainly due to YoY increases in the exports of items such as fertilizers, up 90%, iron rods up by 57%, food preparations up by 32%, and ready-made garments up by 23%. On the other hand, imports increased by only 4%.

(Source: Zawya (English), Egypt Today (English), Daily News Egypt (English), al-Maal, Mubasher, Amwal al-Ghad, Hapi Journal, Economy Plus Me, al-Ahram, al-Youm al-Saabe, al-Shurouk, al-Watan, Sada el-Balad, CNBC Arabia, al-Sharq Business)

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