Egyptian trade deficit at EP32 billion
According to figures published in the April 2001 edition of the Egyptian Monthly Economic Bulletin, the country’s balance of trade was a negative EP 32.371 billion between January and December of 2000, compared with a negative EP 42.235 figure for the same period the previous year.
The report showed also that the value of exports from Egypt, including re-exports and free zones products, during the first 11 months of 2000 stood at EP 16.274 billion, compared with EP 12.164 billion in the corresponding period of 1999.
The value of Egyptian imports during the period in question totaled EP 48.645 billion, compared with EP 54.399 billion between January and December of 1999. — (Albawaba-MEBG)
© 2001 Mena Report (www.menareport.com)