Egypt’s imports from Germany fall 23% in four months

Egypt’s imports from Germany dropped 23 percent to around $1.358 billion in the four months of the year from $1.764 billion last year.

Imports fell by 19.6 percent to $318.025 million in April, from $395.487 million in the same month last year, the state-owned statics agency (CAPMSA) said on Tuesday in a bulletin sent to Amwal Al Ghad.

Egyptian imports of pharmaceutical products from Germany slipped 60 percent to reach $286.939 million during the January-April 2018 period, against $286.939 million last year.

Egypt imported electrical appliances worth $143.515 million from Germany during the period from January to April of this year from $211.855 million during the same period in 2017, marking a 23.3 percent fall.

Egyptian imports of motor vehicles and parts rose 11.1 percent to $231.093 million, compared to 208.073 million. Plastics imports by 22.8 percent to $88.173 million from $71.778 million.