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Egyptian Exports

Trade deficit sees shrinks by 41.3% to hit $2.44B in September | CAPMAS

Egypt’s trade balance deficit fell by 41.3% in September 2022 to reach $2.44 billion, compared to $4.15 billion recorded in September 2021, revealed the latest data from CAPMAS

Egypt’s PMI for November records fastest contraction rate since 2020, falls to 45.4

Private non-oil businesses are looking ahead a little bit more optimistically following a series-record low in October’s PMI survey

Trade deficit sees uptick of 0.6% to reach $4.18B in August 2022 | CAPMAS

In Q2 of 2022, the country’s current account deficit fell by almost half as non-oil imports tumbled by nearly 20% from the previous quarter

Non-oil businesses’ optimism dwindles to lowest recording in 10yrs, PMI reaches 47.7

The report stated that increased control on imports contributed to the drop in purchasing activity, with businesses citing a lack of new orders and higher raw material prices as causes

Trade between Egypt and Arab countries increased by 19.2% in H1 2022 | CAPMAS

Egyptian exports to Arab countries were up by 8.6% to record $5.9 billion in H1 2022, compared to H1 2021’s recorded $5.4 billion