Egypt’s imports of wheat, maize, and tea declined in May 2018 to $387.6m, compared to $478.8m in May 2017, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
The value of imports of wheat reached about $217.1m in May 2018 compared to $297.2m in May 2017. Imports of maize amounted to $154.5m compared to $155.3m, while tea costs reached $1m, down from $26.3m.
Egypt’s imports of engines and generators in May 2018 amounted to $58.6m compared with $92m in May 2017.
Egypt’s imports of copper fell to $46.7m in May 2018, compared with $80.6m in May 2017. The CAPMAS added that the volume of imports of tools, medical devices, and surgery equipment decreased to $23.4m compared with $32.4m.
The CAPMAS has recently disclosed that Egypt’s trade deficit rose to $3.84bn in May 2018, compared to $3.42bn in May 2017, an increase of 12.6%.
The value of Egyptian exports rose by 1.4% in May 2018, reaching $2.48bn compared with $2.44bn in May 2017. In contrast, the value of imports increased by 7.9% in May 2018, reaching $6.32bn against $5.86bn in May 2017.
