13 Oct 2021

CAPMAS (The Center for Public Mobility & Statistics) reported that Egypt’s traded deficit plunged by 15% YoY in July 2021 to register USD2.9bn. Exports soared by 32% YoY while imports rose by only 3.8% YoY in July 2021. Exports that led the rise include plastics in primary form increasing by 58%, food preparations by 52%, ready-made garments by 23%, and fertilizers by 18%.

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