Egypt sees decrease in exports/imports and increase in trade balance deficit ...Egypt

The foreign trade data bulletin for April, issued by the Central Agency for Public Mobilization and Statistics, showed an increase in the trade balance deficit value by about 23.8 percent after it reached US$2.33 billion, compared to $1.89 billion for the same month of the previous year. The bulletin indicated a decrease in the value of exports by 44.9 percent, reaching $3.03 billion in April, compared to $5.50 billion for the same month in 2022, due to the decrease in the value of exports of some commodities – most notably natural and liquefied gas by 75.6 percent, fresh fruits by 58.8 percent, and crude oil by 48.2 percent, and ready-made clothes by 34.1 percent. The value of exports of so

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