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Egyptian Imports

Import restrictions led to 2022 auto sales plummeting by more than a third | AMIC

Passenger car sales dropped by close to 40% year-on-year (YoY), with bus and truck sales also falling by a third

Egypt’s Import backlog is cleared, potentially lowering prices | PM

Clearing the backlog will lead to a gradual decline in prices, explained cabinet spokesperson Nader Saad

Over $1.5B worth of imports released from ports bet. Jan 18-23 | PM

The PM directed the formation of a joint committee to develop a vision and plan to facilitate procedures and the exit of containers at the ports as quickly as possible.

Egypt - ITFC sign fresh $1.5B financing to support energy & commodities trading

Egypt and the ITFC signed a similar agreement last year, with the former having directed around $1.5 billion - $800 million for petroleum and $700 million for commodity imports

Egypt releases $4.8B of goods, restores normal pace of import movement | PM

With this, Egypt has cleared around $13.3 billion worth of commodities since December