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Egypt’s non-oil exports down 19% in 7 months

Egypt’s non-oil exports down 19% in 7 months
Photo Credit: Arabianeye - Reuters

Cairo – Mubasher: Egypt’s non-oil exports fell by 11.84% in July to reach EGP 10.582 billion ($1.37 billion), compared with EGP 11.140 billion ($1.56 billion) in the same month a year ago, according to The General Organization for Export & Import Control (GOEIC).

In its monthly bulletin, GOEIC added that total exports during the seven-month period amounted to EGP 83.901 billion ($11.150 billion), down 18.7% from EGP 96.492 billion ($13.716 billion) in the same period a year earlier.