The Egyptian Central Agency for Public Mobilization and Statistics revealed that the trade balance deficit decreased by 25.2 percent on an annual basis to $2.69 billion in March. While the trade deficit was $3.59 billion in March 2020.
According to the Statistics Authority, exports rose by 43.5 percent, compared to $3.41 billion a year ago, supported by the growth of medical and pharmaceutical exports by 54.2 percent, and ready-made garments by 49.3 percent.
The value of imports rose by 2.2 percent to 5.97 billion dollars, with imports of petroleum products rising 92.5 percent, and passenger cars 73.9 percent.
Source (Asharq Al-Awsat Newspaper, Edited)
