Egypt’s Trade Deficit Falls 10.1% YOY: CAPMAS
Egypt's trade deficit decreased by 10.1% year-on-year (YOY) in September 2018 to reach $3 billion, compared to $3.35 billion in September 2017.
Egypt's trade deficit decreased by 10.1% year-on-year (YOY) in September 2018 to reach $3 billion, compared to $3.35 billion in September 2017.
Egypt's petroleum exports increased by around 5% to record $1.848 billion during the first nine months of 2018, compared to $1.761 billion in the same period of 2017.
Egyptian electricity consumption increased by 2.88% year-on-year (YOY) in August 2018, recording 14.3 megawatts per hour (MWh) compared to 13.9 MWh in August 2017.
Egypt’s diesel output dropped by 2.8% year-on-year (YOY) in September 2018 to reach 552,000 tons, down from 568,000 tons in September 2017.
Egypt’s butane imports plunged by almost a quarter (23.49%) in September.
Egypt's consumption of petroleum products dropped by around 18% year-on-year (YOY) in September 2018 to 2.585 million tons, compared to 3.156 million tons in September 2017.
Egypt's natural gas output jumped by 29.28% year-on-year (YOY) as the country produced 4.159 million tons in September 2018, compared to 3.217 million tons in September 2017.
Egypt’s diesel consumption dropped by 17.89% year-on-year (YOY) to reach 1.014 million tons in August 2018, down from 1.235 million tons in August 2017.
Egypt’s butane imports decreased by 7.33% year-on-year (YOY) as the country imported 148,000 tons in August 2018, compared to 159,700 tons in August 2017.
Production of crude oil, condensates, and butane increased by around 1.53% year-on-year (YOY) in August 2018, producing 2.852 million tons compared to 2.809 million tons in August 2017.