Cabinet’s IDSC: 6% rise in Egypt’s non-oil exports in Q1 2021

  • Date: 23-Apr-2021
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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Cabinet’s IDSC: 6% rise in Egypt’s non-oil exports in Q1 2021

Exports- Creative Commons cia Pixabay







CAIRO - 22 April 2021:The Cabinet's Information and Decision Support Center has published an infographic about the remarkable increase by 6 percent in Egyptian non-petroleum exports during the first quarter of 2021, hitting 7.44 billion dollars against 6.99 billion dollars at the same period in 2020.

 

The center said a 2% increase was also recorded in the Egyptian non-petroleum imports to 16.99 billion dollars in comparison with 16.68 billion dollars at the relevant period in 2020.

 

That led to a reduction in the balance of trade deficit by 1 percent, to 9.55 billion dollars against 9.69 billion dollars at the same period last year, according to the latest data of the Ministry of Trade and Industry.

 

The infographic showed that chemical, engineering and medical products, fertilizers, building materials, foodstuffs, electronics and ready-to-wear garments dominated Egypt's export list in the first quarter of 2021.