{"id":320098,"date":"2020-12-21T10:24:07","date_gmt":"2020-12-21T10:24:07","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=320098"},"modified":"2020-12-21T10:24:07","modified_gmt":"2020-12-21T10:24:07","slug":"egypts-trade-deficit-records-2-7-billion-in-september","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2020\/12\/21\/egypts-trade-deficit-records-2-7-billion-in-september\/","title":{"rendered":"Egypt’s trade deficit records $2.7 billion in September"},"content":{"rendered":"

Egypt\u2019s trade deficit dipped 32.4 percent during September 2020, recording $2.7 billion, compared to $4 billion in the same month of 2019, according to the state’s statistics agency CAPMAS.<\/p>\n

In its monthly bulletin on foreign trade data, CAPMAS said exports declined 2.8 percent to reach $2.3 billion in September 2020, compared to $2.4 billion during the same month of 2019.<\/p>\n

The bulletin attributed the decrease of exports to the fall in the exports of various commodities, such as: ready-made clothes by 5.1 percent, petroleum products by 36.5 percent, crude oil by 38.4 percent, fertilizers by 33.4 percent.<\/p>\n

Meanwhile, exports of some other commodities witnessed an increase in September such as: plastics by 15.2 percent, pasta and various food preparations by 17.8 percent, carpets and kilims by 23.6 percent, medicine and pharmaceutical products by 4.9 percent.<\/p>\n

On the other side, the bulletin showed a decline of 21.3 percent in the imports to hit $5 billion in September of the current year, compared to $6.4 billion in September 2019.<\/p>\n

CAPMAS ascribed this decrease to the drop-in imports of wheat by 16.3 percent, crude oil by 0.3 percent, petroleum products by 51.2 percent, iron or steel raw materials by 39.6 percent.<\/p>\n

On the other hand, imports of other commodities showed a rise such as passenger cars by 19.9 percent, phones for individuals by 5.4 percent, soybeans by 1.9 percent, automatic information-processing devices by 166.1 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s trade deficit dipped 32.4 percent during September 2020, recording $2.7 billion, compared to $4 billion in the same month of 2019, according to the state’s statistics agency CAPMAS.<\/p>\n","protected":false},"author":4,"featured_media":319968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-320098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-import"],"yoast_head":"\nEgypt's trade deficit records $2.7 billion in September - egy-africa<\/title>\n<meta name=\"description\" content=\"Egypt\u2019s trade deficit dipped 32.4 percent during September 2020, recording $2.7 billion, compared to $4 billion in the same month of 2019, according to the state's statistics agency CAPMAS.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2020\/12\/21\/egypts-trade-deficit-records-2-7-billion-in-september\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt's trade deficit records $2.7 billion in September - 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