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00:55
Egypt's non-oil trade balance deficit sees substantial decrease in Q1: report
STORY: Egypt's non-oil trade balance deficit sees substantial decrease in Q1: report
SHOOTING TIME: Archive
DATELINE: July 8, 2024
LENGTH: 00:00:55
LOCATION: Cairo
CATEGORY: ECONOMY
SHOTLIST:
1. various of the Information and Decision Support Center (IDSC)
2. various of ships carrying containers
STORYLINE:
Egypt's non-oil trade balance deficit shrunk to approximately 6.4 billion U.S. dollars in the first quarter (Q1) of 2024, a 22.9 percent decrease from the same period last year, according to a report released on Sunday by the Information and Decision Support Center (IDSC), an Egyptian think tank.
According to the report, non-oil exports in Q1 of 2024 had a total value of around 9.7 billion U.S. dollars, up approximately 10 percent compared to the 8.8 billion U.S. dollars recorded in Q1 of 2023.
Xinhua News Agency correspondents reporting from Cairo.
(XHTV)
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