$3.2bn increase in Egyptian exports during 10M 2017: CAPMAS

Nehal Samir
2 Min Read

The total value of Egyptian exports during the period from January to October 2017 reached $21.1bn compared to $17.856bn a year prior, an increase of $3.236bn, according to a report issued by the Central Agency for Public Mobilisation and Statistics (CAPMAS).

“The value of petroleum exports increased by $0.36bn, to reach $1.969bn, during the first 10 months (10M) of 2017, compared to $1.609bn during the same period of 2016,” the CAPMAS report stated.

The report noted that Egypt’s most important exports during 10M 2017 were fuels, cotton, raw materials, as well as semi-manufactured and fully manufactured goods.

The report stated that the value of fuel exports in the period from January to October 2017 reached $3.7bn, while cotton exports reached $58m.

“Egyptian exports of raw materials, semi-manufactured, and fully manufactured goods during the first 10 months of 2017 reached $17.1bn,” according to the same report.

Earlier on Saturday, the Ministry of Agriculture and Land Reclamation announced that Egypt’s total exports of agricultural crops to different countries in 2017 increased to reach over 4. 8m tonnes, compared to 4.34m tonnes in 2016, revealing that citrus fruits were the most important crops exported last year, witnessing a great increase, with total exports amounting to about 1.4m tonnes.

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