The value of Egyptian petroleum exports increased by 5.7% to reach $407 million during January and February 2018, up from $385 million in the first two months of 2017, Egypt Today reported.

Figures released by the Central Agency for Public Mobilization and Statistics (CAPMAS) also show that Egypt exported $343 million of crude oil in January and February 2018.

The value of Egyptian fuel exports fell 0.2% year-on-year (Y.o.Y) in January 2018, Amwal Al Ghad reported in April.

Previous statistics published by CAPMAS revealed that Egypt exported $330.554 million of oil in the month of January 2018, compared to $331.227 in January 2017.

Meanwhile, the value of Egypt’s crude exports dropped 18.66% Y.o.Y, reaching $156.421 million in January 2018, from $192.248 million in the same month of the preceding year.