The monthly bulletin of foreign trade data issued by the Central Agency for Public Mobilization and Statistics showed that the trade balance deficit of the Arab Republic of Egypt decreased by 17.7% during the month of August.
According to the data, the Egyptian trade balance recorded a deficit of $2.91 billion last August, compared to a deficit of $3.53 billion in the same period last year.< /p>
The bulletin indicated that the value of Egyptian exports rose 50.5% last August; To reach $3.26 billion, compared to $2.17 billion during the comparison period, due to an increase in exports of ready-made garments, plastics, fertilizers, pasta and food preparations.
At the same time, the value of imports increased by 8.2%, reaching 6.17 billion dollars during August 2021, compared to 5.70 billion dollars in the same month of 2020, affected by an increase in imports. The value of imports of petroleum, crude petroleum, medicines, pharmaceutical preparations, and raw materials of iron or steel.
Egypt's furniture exports increased by 13% during the first 9 months of 2021, to record $184.011 million, compared to $163.3 million during the same period last year, Based on Furniture Export Council data.
