{"id":634855,"date":"2018-01-28T04:08:14","date_gmt":"2018-01-28T04:08:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/"},"modified":"2018-01-28T04:08:14","modified_gmt":"2018-01-28T04:08:14","slug":"egypts-trade-deficit-fell-25-y-o-y-in-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/","title":{"rendered":"Egypt\u2019s trade deficit fell 25% y-o-y in 2017"},"content":{"rendered":"

Egypt\u2019s trade deficit fell 25% y-o-y in 2017 thanks to falling imports and rising exports<\/strong>, Trade and Industry Minister Tarek Kabil said on Friday<\/a>. Egypt\u2019s non-oil exports fell 10% y-o-y to USD 22.4 bn from USD 20.4 bn in 2016, while Imports declined to about USD 56.8 bn from about USD 66.3 bn, a 14% y-o-y decrease, Kabil said. \u201cEgypt\u2019s positive external trade indicators confirms the success of the ministry\u2019s efforts to curb random importation and the substitution of local alternatives with imports,\u201d Kabil added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s trade deficit fell 25% y-o-y in 2017 thanks to falling imports and rising exports, Trade and Industry Minister Tarek Kabil said on Friday. Egypt\u2019s non-oil exports fell 10% y-o-y to USD 22.4 bn from USD 20.4 bn in 2016, while Imports declined to about USD 56.8 bn from about USD 66.3 bn, a 14% […]<\/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-634855","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f507dd7a-e1d8-46f3-bc98-970d14f92357","order":"0","is_powered_by":true,"section_story_id":"f9919a2b-98e0-4ec2-a17e-8f228af59494","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634844],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s trade deficit fell 25% y-o-y in 2017 - 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\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s trade deficit fell 25% y-o-y in 2017\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s trade deficit fell 25% y-o-y in 2017 thanks to falling imports and rising exports, Trade and Industry Minister Tarek Kabil said on Friday. Egypt\u2019s non-oil exports fell 10% y-o-y to USD 22.4 bn from USD 20.4 bn in 2016, while Imports declined to about USD 56.8 bn from about USD 66.3 bn, a 14% […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-28T04:08:14+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s trade deficit fell 25% y-o-y in 2017\",\"datePublished\":\"2018-01-28T04:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/\"},\"wordCount\":87,\"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\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/\",\"name\":\"Egypt\u2019s trade deficit fell 25% y-o-y in 2017 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-28T04:08:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt\u2019s trade deficit fell 25% y-o-y in 2017\"}]},{\"@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":"Egypt\u2019s trade deficit fell 25% y-o-y in 2017 - 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\/01\/28\/egypts-trade-deficit-fell-25-y-o-y-in-2017\/","og_locale":"en_US","og_type":"article","og_title":"Egypt\u2019s trade deficit fell 25% y-o-y in 2017","og_description":"Egypt\u2019s trade deficit fell 25% y-o-y in 2017 thanks to falling imports and rising exports, Trade and Industry Minister Tarek Kabil said on Friday. 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Non-oil exports rose 14% y-o-y to USD 7.4 bn and there was a 30% y-o-y decrease in imports to USD 15.9 bn. The ministry singled out\u2026","rel":"","context":"In "Speed Round"","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":651019,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/02\/trade-deficit-decreased-by-usd-9-bn-in-2016-sources\/","url_meta":{"origin":634855,"position":1},"title":"Trade deficit decreased by USD 9 bn in 2016 -sources","author":"enterpriseam admin","date":"2 February 2017","format":false,"excerpt":"Egypt\u2019s trade deficit was down by USD 9 bn at the end of 2016, Trade and Industry Minister Tarek Kabil said, Al Mal reported. Exports grew 8.65% to USD 20.285 bn in 2016 from USD 18.670 bn in 2015, while imports fell 10.5% to USD 62.925 bn in 2016 from\u2026","rel":"","context":"In "Speed Round"","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":642052,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/trade-deficit-down-50-in-the-first-half-of-the-year\/","url_meta":{"origin":634855,"position":2},"title":"Trade deficit down 50% in the first half of the year","author":"enterpriseam admin","date":"6 August 2017","format":false,"excerpt":"The Trade and Industry Ministry announced on Thursday that the trade deficit for 1H2017 was nearly halved thanks to falling imports and a modest bump in exports. The ministry says the trade deficit dropped 46% y-o-y to USD 13 bn. This came as imports fell 30% to USD 24 bn\u2026","rel":"","context":"In "Speed Round"","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":598962,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/13\/egypts-trade-deficit-shrinks-7-8-y-o-y-in-1q2019-reuters\/","url_meta":{"origin":634855,"position":3},"title":"Egypt\u2019s trade deficit shrinks 7.8% y-o-y in 1Q2019 -Reuters","author":"enterpriseam admin","date":"13 June 2019","format":false,"excerpt":"Trade deficit shrinks 7.8% y-o-y in 1Q2019 -Reuters: Egypt\u2019s trade deficit has shrunk by 7.8% y-o-y in 1Q2019 to USD 10.57 bn, according to calculations made by Reuters Arabicbased on data from CAPMAS. The narrowing of the deficit was caused by a 5.5% y-o-y fall in imports to USD 17.96\u2026","rel":"","context":"In "Speed Round"","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":648803,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/higher-exports-and-lower-imports-drive-egypts-trade-deficit-for-january-down-37-1-y-o-y\/","url_meta":{"origin":634855,"position":4},"title":"Higher exports and lower imports drive Egypt\u2019s trade deficit for January down 37.1% y-o-y","author":"enterpriseam admin","date":"12 April 2017","format":false,"excerpt":"Exports up, imports down in January. Egypt\u2019s trade deficit dropped 37.1% year-on-year in January to USD 2.34 bn compared to USD 3.72 bn in the same month last year, according to the latest statistics from CAPMAS. Exports rose 27.1% y-o-y to USD 1.82 bn, led by rising crude oil and\u2026","rel":"","context":"In "Speed Round"","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":649327,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/egypts-non-oil-exports-grow-15-y-on-y-in-1q17-to-usd-5-5-bn\/","url_meta":{"origin":634855,"position":5},"title":"Egypt\u2019s non-oil exports grow 15% y-on-y in 1Q17 to USD 5.5 bn","author":"enterpriseam admin","date":"30 April 2017","format":false,"excerpt":"Egypt\u2019s non-oil exports are up 15% year-on-year in 1Q17 to USD 5.5 bn, up from USD 4.8 bn in 1Q16, Trade and Industry Minister Tarek Kabil said as he released trade figures for the quarter. 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