ICEC

Egypt’s Russia import bill up 28.9% in four months

Egypt’s imports from Russia rose 28.9 percent to nearly $1.638 billion in the first four months of the year, according to a report released on Sunday by the state statistics agency CAPMAS.

The figure rose from $1.271 billion as of the end of April 2017.

In April 2018, Egypt’s imports from Russia fell 18.9 percent to $296.598 million compared to $365.809 million in the same period last year, the report showed.

Russia captures 6.8 percent of Egypt’s total imports in the first fourth months of the current year, the report said, adding that the North African country’s key imports from Russia included iron, steel, grains, wood, and wood charcoal, fuel, and mineral oils.

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