Egypt’s import bill of durable goods 55% up in 9 months

Egypt’s import bill of consumer durable goods rose 55 percent to $4.1 billion during the first nine months of the year from $2.645 billion last year.

In September, consumer durable goods imports increased to $405.561 million against $343.744 million during the same month in 2017, the state-owned statistics agency CAPMAS said in a bulletin sent to Amwal Al Ghad on Wednesday.

“Imports of passenger cars grew 53.7 percent to $1.714 billion during the January-September 2018 period, versus $1.115 billion during the same period in 2017,” CAPMAS said.

Television imports rose 121.2 percent to $451.02 million from $203.88 million, while mobile phones imports jumped 85.2 percent to $956.409 million, against $516.342 million last year.

“Refrigerators imports went up by 3.7 percent to $116.363 million, compared with $112.234 million,” the agency added.

Washing machines imports dropped 2.8 percent to around $47.753 million from $49.12 million last year.