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CAIRO, EGYPT - September 24: The Four Seasons Hotel and the Grand Nile Tower Hotel on September 24, 2017 in Cairo, Egypt. Overview photos of Cairo's buildings, cityscape and infrastructure from above taken from Cairo Tower in Zamalek. (Photo by David Degner/Getty Images) Image used for illustrative purpose.
Egypt’s trade deficit increased by 13% year on year (YoY) in December 2024, registering $4.15 billion, versus $3.67 billion, the Central Agency for Public Mobilization and Statistics (CAPMAS) data showed.
The value of Egyptian imports rose by 11.3% to $8.11 billion last December, driven by a growth in imports of some goods, including natural gas, which recorded a 105.2% hike.
Meanwhile, the exports climbed by 9.6%, hitting $3.96 billion. The growth was supported by an increase in exports of petroleum products, which jumped by 128.5%.
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