{"id":627047,"date":"2018-07-18T03:53:54","date_gmt":"2018-07-18T03:53:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/"},"modified":"2018-07-18T03:53:54","modified_gmt":"2018-07-18T03:53:54","slug":"non-oil-exports-grow-14-y-o-y-in-1h2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/","title":{"rendered":"Non-oil exports grow 14% y-o-y in 1H2018"},"content":{"rendered":"<p><strong>Egypt\u2019s non-oil exports grew by 14% y-o-y in 1H2018 to USD 12.75 bn<\/strong>, compared to USD 11.22 bn in the same period last year, the Trade and Industry Ministry <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/1762536857148441\">said in a statement<\/a>. Our biggest export market was the UAE (USD 1.33 bn), followed by Turkey (USD 1.13 bn), and Italy (USD 773 mn). Chemical products were the top exported commodity, reeling in around USD 2.59 bn, followed by textiles (USD 449 mn), and medical products (USD 249 mn).<\/p>\n<p>Meanwhile,<strong> the CBE has amended its targeted projections for remittances in FY2017-18 to USD 26.0 bn<\/strong>, according to <a href=\"https:\/\/ent.news\/2018\/7\/2282.pdf\">an emailed statement from the CBE (pdf)<\/a>. This came as the CBE amended the count on remittances figures for 10M2017-18 to USD 21.9 bn <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/10\/remittances-rise-41-2-y-o-y-in-10m2017-18\/\">from USD 26.0 bn<\/a>. Remittances in April grew to USD 2.3 bn from USD 1.7 bn in April 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s non-oil exports grew by 14% y-o-y in 1H2018 to USD 12.75 bn, compared to USD 11.22 bn in the same period last year, the Trade and Industry Ministry said in a statement. Our biggest export market was the UAE (USD 1.33 bn), followed by Turkey (USD 1.13 bn), and Italy (USD 773 mn). Chemical [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627047","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fe5de0b7-8597-42af-a4d9-1ee272abd31f","order":"0","is_powered_by":true,"section_story_id":"6e0bcd92-2946-4427-bb26-e781ba0a58dd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627037],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Non-oil exports grow 14% y-o-y in 1H2018 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Non-oil exports grow 14% y-o-y in 1H2018\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s non-oil exports grew by 14% y-o-y in 1H2018 to USD 12.75 bn, compared to USD 11.22 bn in the same period last year, the Trade and Industry Ministry said in a statement. Our biggest export market was the UAE (USD 1.33 bn), followed by Turkey (USD 1.13 bn), and Italy (USD 773 mn). Chemical [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-18T03:53:54+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Non-oil exports grow 14% y-o-y in 1H2018\",\"datePublished\":\"2018-07-18T03:53:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/\",\"name\":\"Non-oil exports grow 14% y-o-y in 1H2018 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-07-18T03:53:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Non-oil exports grow 14% y-o-y in 1H2018\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Non-oil exports grow 14% y-o-y in 1H2018 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/non-oil-exports-grow-14-y-o-y-in-1h2018\/","og_locale":"en_US","og_type":"article","og_title":"Non-oil exports grow 14% y-o-y in 1H2018","og_description":"Egypt\u2019s non-oil exports grew by 14% y-o-y in 1H2018 to USD 12.75 bn, compared to USD 11.22 bn in the same period last year, the Trade and Industry Ministry said in a statement. Our biggest export market was the UAE (USD 1.33 bn), followed by Turkey (USD 1.13 bn), and Italy (USD 773 mn). 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The balance of payments recorded a surplus of USD 248.1 mn, down from USD 5.1 bn in 1QFY17-18, while the trade\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596725,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/egypts-current-account-deficit-almost-doubles-in-3q2018-2019\/","url_meta":{"origin":627047,"position":1},"title":"Egypt\u2019s current account deficit almost doubles in 3Q2018-2019","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"Current account deficit almost doubles in 3Q2018-2019 as non-oil imports rise: The current account deficit almost doubled during 3Q2018-2019 to USD 3.75 bn from USD 1.93 bn the previous year due to a rise in non-oil imports, Reuters reported, citing its own calculations based on central bank data (pdf). The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1115.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593511,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/01\/current-account-deficit-widens-to-usd-8-2-bn-in-fy-2018-2019\/","url_meta":{"origin":627047,"position":2},"title":"Current account deficit widens to USD 8.2 bn in FY 2018-2019","author":"enterpriseam admin","date":"1 October 2019","format":false,"excerpt":"Egypt\u2019s current account deficit widened to USD 8.2 bn in FY 2018-2019, up from USD 6 bn the previous year, according to central bank figures (pdf). Rising imports and a dip in remittances caused the current account to fall further into the red, despite the oil balance turning a surplus\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2059.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573290,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/28\/rising-remittances-curb-current-account-deficit-in-3q2019-2020\/","url_meta":{"origin":627047,"position":3},"title":"Rising remittances curb current account deficit in 3Q2019-2020","author":"enterpriseam admin","date":"28 July 2020","format":false,"excerpt":"Rising remittances curb current account deficit in 3Q2019-2020: A rise in foreign remittances helped Egypt\u2019s current account shrug off the effects of the covid-19 pandemic during 3Q FY2019-2020, narrowing the deficit markedly to USD 2.8 bn from USD 4.5 bn a year earlier, according to official data (pdf) released by\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/222.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592101,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/26\/egypts-current-account-deficit-narrows-fdi-more-than-doubles-in-1q2019-2020\/","url_meta":{"origin":627047,"position":4},"title":"Egypt\u2019s current account deficit narrows, FDI more than doubles in 1Q2019-2020","author":"enterpriseam admin","date":"26 December 2019","format":false,"excerpt":"Current account deficit narrows, FDI more than doubles in 1Q2019-2020: The current account deficit decreased 31% y-oy in the first quarter of the government\u2019s new fiscal year to USD 1.382 bn from USD 2.012 bn the previous year, according to a central bank report (pdf). The non-oil trade deficit also\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/CBE-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626422,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-bop-nets-usd-11-0-bn-surplus-cbe\/","url_meta":{"origin":627047,"position":5},"title":"Egypt BoP nets USD 11.0 bn surplus -CBE","author":"enterpriseam admin","date":"2 July 2018","format":false,"excerpt":"Egypt\u2019s current account deficit fell 57.5% y-o-y to USD 5.3 bn in 9M2017-18, down from USD 12.5 bn in the same period last year. \u201cThis improvement was an outcome of the increase in both services balances surplus by 138.2% and net current transfers by 23.2%, [as well as a] retreat\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=627047"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627047\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627037"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627047"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627047"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}