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Egypt's imports of gold ore make a big jump by 140 million dollars in one month


Governmental data monitored an unprecedented increase in Egyptian imports of raw forms of non-monetary gold, as the value of Egyptian imports from them reached about $ 140.5 million in February, compared to $ 7.1 million in February 2020, an increase of $ 133.4 million. An increase of about 1869%.


According to the data issued by the Central Agency for Public Mobilization and Statistics, Egypt's imports of raw forms of non-monetary gold were among the list of goods that rose during the month of last February, which were issued by imports of both passenger cars and petroleum products, as the value of car imports reached 299 million. Dollars, compared to $ 241 million in February 2020, an increase of 23.9%, and imports of petroleum products increased to reach $ 304 million last February, compared to $ 219 million in the same month in 2020, an increase of 39%.


In total, the value of imports decreased by 1.6%, reaching $ 6.03 billion during February 2021, compared to $ 6.13 billion for the same month of the previous year.


The value of the trade balance deficit decreased and reached 3.34 billion dollars in February, compared to 3.38 billion dollars for the same month of the previous year, a decrease of 1.2%.

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