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Asharq Al-Awsat

Business

Cairo - Asharq Al-Awsat

Egypt’s Trade Balance Deficit Drops 12.4%

Egypt Deficit CAPMAS

The value of Egypt’s trade balance deficit reached $3.21 billion in June, down from $3.66 billion for the same month of the previous year. (Asharq Al-Awsat)

Egypt’s trade deficit declined by 12.4% year-on-year (YoY) in June, according to data released on Monday by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The monthly bulletin revealed that the deficit value of trade balance reached $3.21 billion in June, down from $3.66 billion for the same month of the previous year.

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