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Egyptian oil products exports catapult in March

Egyptian oil products exports catapult in March
Imports rose 4.3% YoY in March

Cairo – Mubasher: Egypt’s oil products exports soared 201.5% month-on-month in March, according to a report released on Wednesday by Central Agency for Public Mobilization and Statistics (CAPMAS).

The North African country’s imports of oil products declined by 3.1% in March, compared to the month before.

Egyptian oil products exports went down 3.9% year-on-year in the third month of the year, recording $2.58 billion.

Meanwhile, imports rose 4.3% YoY in March, registering $6.73 billion, CAPMAS’ data showed.