The total value of Egypt’s fuel exports increased by $260 million year-on-year (YOY) in Q1 2018, Amwal Al Ghad reported.

Official statistics show that the country exported $1.225 billion worth of oil in Q1 2018, compared to $964 million during the same period in 2017.

The figures, published by the Central Agency for Public Mobilization and Statistics (CAPMAS), also show that Egypt’s oil exports fell from $554 million to $476 million  in the same period – a $77.9 million YOY decrease.

Exports of petroleum products almost doubled in Q1 2018, rising from $47.2 million to $93.6 million YOY.