Petroleum Trade Deficit | Egypt Oil & Gas

Petroleum Trade Deficit Records $421 MM in FY 2019/20

The petroleum trade deficit recorded $421 million by the end of the fiscal year (FY) 2019/20, compared to a surplus of $8.1 million recorded in the previous year.

Petroleum Trade Deficit Drops 91% YoY

The recent oil slump has narrowed the petroleum trade deficit in Q1 2020 by $405.1 million, amounting to $40 million against 445.1 million in Q1 2019, a 91% year-on-year (YoY) decrease.

Egypt Petroleum Trade Deficit Dropped by 29% YOY

Egypt's petroleum trade deficit dropped by 29% year-on-year (YOY) in Q1 of fiscal year (FY) 2018/19, recording -$688.1 million, compared to -$970.4 million in same period of 2017/18.

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