Egypt’s non-oil exports up 6% in Q1 2021: Trade Ministry
Egypt’s non-oil exports has seen a remarkable increase of 6 percent during the first quarter (Q1) of 2021, according to Egypt’s Minister of Trade and Industry Nevine Gamea
Thus, it reached $7.438bn, compared to approximately $6.99bn in the same period of 2020.
The minister added that Egyptian imports witnessed a slight increase of 2 percent during Q1 of 2020, recording $16.991bn compared to $16.675bn in the same period of the previous year.
Gamea pointed out that these positive indicators contributed to achieving a 1 percent decrease in trade deficit to $9.552bn, compared to $9.685bn in Q1 of 2020.