Egypt's trade deficit widens by 22.8% in September

Updated 12/11/2024 12:21:00 PM
Egypt's trade deficit widens by 22.8% in September

Arab Finance: Egypt's trade deficit increased by 22.8% year on year (YoY) in September, reaching $4.4 billion, according to the latest data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

This rise is attributed to a 16.9% increase in imports, which totaled $7.86 billion, while exports grew by a more modest 10.2%, amounting to $3.46 billion.

 

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