Fuel Exports Rise by $127M

Fuel Exports Rise by $127M

The value of Egypt’s fuel exports increased by $127.335 million dollars from June 2016 to June 2017, according to Central Agency for Public Mobilization and Statistics (CAPMAS), Amwal Al Ghad reports.

In June, Egypt exported $349.624 million worth of fuel products, a 57% year-on-year (Y-o-Y) increase from the $222.289 million worth it exported in June 2016.

Crude oil exports rose 37.4% from $16.490 million to $22.791 million. Exports of coal, meanwhile, rose from $4.177 million to $12.152 million, a 190.9% increase.

Egypt imported $819 million worth of fuel in June 2017, a 30.6% Y-o-Y increase from the $627 million worth of fuel it imported in June 2016, Amwal Al Ghad reports.

Sarah Samir 3455 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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