Egypt’s oil trade balance achieved a surplus of $150 million for the first time in four years. This is compared to a deficit of $2.2 billion in the same period the previous last year.
According to the Central Bank of Egypt, the volume of goods exports increased by 18.4 percent to reach $14.3 billion in the first half of 2018 against $12.1 billion the previous year.
Payments on oil imports were down by 2.1 percent to register $5.8 billion as a result of a decline in the country’s imports of petroleum products.
Egypt’s oil trade balance achieved a surplus of $150 million for the first time in four years. This is compared to a deficit of $2.2 billion in the same period the previous last year.
According to the Central Bank of Egypt, the volume of goods exports increased by 18.4 percent to reach $14.3 billion in the first half of 2018 against $12.1 billion the previous year.
Payments on oil imports were down by 2.1 percent to register $5.8 billion as a result of a decline in the country’s imports of petroleum products.
Egypt’s oil trade balance achieved a surplus of $150 million for the first time in four years. This is compared to a deficit of $2.2 billion in the same period the previous last year.
According to the Central Bank of Egypt, the volume of goods exports increased by 18.4 percent to reach $14.3 billion in the first half of 2018 against $12.1 billion the previous year.
Payments on oil imports were down by 2.1 percent to register $5.8 billion as a result of a decline in the country’s imports of petroleum products.
Egypt’s oil trade balance achieved a surplus of $150 million for the first time in four years. This is compared to a deficit of $2.2 billion in the same period the previous last year.
According to the Central Bank of Egypt, the volume of goods exports increased by 18.4 percent to reach $14.3 billion in the first half of 2018 against $12.1 billion the previous year.
Payments on oil imports were down by 2.1 percent to register $5.8 billion as a result of a decline in the country’s imports of petroleum products.
Egypt’s oil trade balance achieved a surplus of $150 million for the first time in four years. This is compared to a deficit of $2.2 billion in the same period the previous last year.
According to the Central Bank of Egypt, the volume of goods exports increased by 18.4 percent to reach $14.3 billion in the first half of 2018 against $12.1 billion the previous year.
Payments on oil imports were down by 2.1 percent to register $5.8 billion as a result of a decline in the country’s imports of petroleum products.
Egypt’s oil trade balance achieved a surplus of $150 million for the first time in four years. This is compared to a deficit of $2.2 billion in the same period the previous last year.
According to the Central Bank of Egypt, the volume of goods exports increased by 18.4 percent to reach $14.3 billion in the first half of 2018 against $12.1 billion the previous year.
Payments on oil imports were down by 2.1 percent to register $5.8 billion as a result of a decline in the country’s imports of petroleum products.
Egypt’s oil trade balance achieved a surplus of $150 million for the first time in four years. This is compared to a deficit of $2.2 billion in the same period the previous last year.
According to the Central Bank of Egypt, the volume of goods exports increased by 18.4 percent to reach $14.3 billion in the first half of 2018 against $12.1 billion the previous year.
Payments on oil imports were down by 2.1 percent to register $5.8 billion as a result of a decline in the country’s imports of petroleum products.
Egypt’s oil trade balance achieved a surplus of $150 million for the first time in four years. This is compared to a deficit of $2.2 billion in the same period the previous last year.
According to the Central Bank of Egypt, the volume of goods exports increased by 18.4 percent to reach $14.3 billion in the first half of 2018 against $12.1 billion the previous year.
Payments on oil imports were down by 2.1 percent to register $5.8 billion as a result of a decline in the country’s imports of petroleum products.
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