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  • 10-07-16

    Egypt's imports drop by 1.8 percent

    (MENAFN) Imports dropped by 1.8 percent in the March-May period of this year, posting USD5.750bn, compared to USD5.856bn in the same period of 2015.

    Furthermore, there was a 17.9 percent drop in wheat imports, from USD737mn to USD605mn; corn imports declined from USD464mn to USD429mn.

    Additionally, car imports decreased by 16.2 percent, from USD573mn to USD493mn and mobile phone imports declined from USD465mn to USD440mn.

    Meanwhile, pharmaceuticals imports increased from USD508mn to USD518mn, a 1.9 percent increase, while iron products showed growth by more than USD1bn.

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