The value of petroleum products exports hiked by 231.1% and crude oil by 35%, increasing the value of the total exports by 0.5% to reach $2.58 billion in April 2019, against $2.57 billion in the same month of the previous year, according to the monthly bulletin of April 2019 by the Central Agency for Public Mobilization and Statistics (CAPMAS) issued the, Al-Ahram reported.

The value of imports dropped during April 2019 compared with the same month of the previous year, as petroleum products imports declined by 6.0%.

Egypt’s trade deficit increased 6.8% year-on-year (YoY), reaching $3.87 billion in April 2019, compared to $3.63 billion for the same month last year.