Business hub – cairo
The Egyptian economy succeeded in reducing the deficit in the trade balance for the month of February 2022 by 29.4% on an annual basis, to decline to 2.7 billion dollars, compared to 3.82 billion dollars a year ago.
And the Central Agency for Mobilization and Statistics announced today that the value of exports increased by 41% to reach $4.12 billion in February 2022, compared to $2.92 billion in the same month of the previous year. This is due to the increase in the value of exports of some commodities such as textiles by 76.8%, potatoes by 56.8%, ready-made clothes by 19.5%, and fertilizers by 11.6%
