Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS ...Egypt

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Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS
The Central Agency for Public Mobilization and Statistics announced a decrease in the value of the trade balance deficit to US$ 3.75 billion during June, compared to $3.88 billion in the same month of the previous year. This is due to the decrease in the value of some commodities’ exports, the most important of which are: fertilizers by 20.9 percent, pasta and food preparations by 8.7 percent, flat-rolled products of iron or steel by 31.7 percent, and iron rods, angles and wires by 6.8 percent. The value of exports of some commodities increased during the month of June compared to the same month of 2021, particularly petroleum, natural and liquefied gas products by 49.4 percent, crude oil by

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