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Egyptian Imports

Egypt’s trade deficit falls 27.8% in June 2021| CAPMAS

Egypt’s trade deficit fell by 27.8% in June 2021, recording $2.94 billion, reveals Central Agency for Public Mobilization and Statistics

Non-oil exports jump 22% YoY in first 7 months of 2021: TradeMin

In July alone, non-oil exports climbed 4% YoY to reach $2.095 billion, compare to July 2020’s $2.021 billion

Egypt non-oil trade deficit grows 10% in May 2021: CAPMAS

The increase in exports were attributed to increased demand for various commodities, with plastic in their primary forms exports climbing 96.6%

Advance cargo clearance available by paying 30% of taxes in advance: FinMin

Importers and their agents will be able to pay 30% of dues in advance for their cargo before its arrival to Egyptian ports as part of efforts to speed up customs procedures

Over 1,600 companies apply for export subsidies initiative’s 3rd phase: FinMin

The return of export subsidies will contribute to providing cash liquidity as exporters continue to deal with the on-going pandemic’s effects on the industry