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(27%) decrease in the value of Egyptian non-petroleum Imports during January 2020, compared to January 2019

Publish Date 03/03/2020 12:41 PM
Last Update 03/03/2020 12:52 PM
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M.G. Ismael Gaber - Chairman of GOEIC announced that GOEIC had issued its comparative monthly report for the Egyptian non-petroleum imports which showed adecrease in the Egyptian non- petroleum imports with value (1.629) billion dollars, which mean (27%) compared to January2019, where the value of the Egyptian non- petroleum imports during January 2020 reached (4.401) billion dollars versus (6.031) billion dollars during January 2019.

The report also illuminates a decrease in the value of the imports of (12) sectors, starting with the imports of Medical Industries with value (99 MDs) in January 2020 compared to (276MDs) in January 2019 which is (64%) decrease. Then came the imports of "Building materialswith value (622 MDS) in January 2020 compared to (1.074 MDS) in January 2019 which is (42%) decrease.

The imports of “Furnishings” reached (8 MDs) in January 2020 compared to (12 MDs) in January 2019 which is (35%) decrease, the” Handmade Industriesrecorded decreasing in its imports with value (20 MDs) in January2020 versus (29 MDS) during the same period of the previous year which is (31%) decrease, then came the imports of “Chemical products and Fertilizers” to become (667 MDs) in January 2020 compared to (948 MDs) during January 2019 which is (30%) decrease.

Followed by the decrease in the imports of “leather and shoes”, “Engineering and electronic products”, “Printing, packaging, paper and books”, “food industries”, ”Yarn and Textiles” and “ Readymade clothes”.

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