23.8% an Increase in trade Balance April 2023

Central agency for public mobilization and statistics issued Today, Monthly bulletin of “Foreign Trade Data” April 2023

The deficit value of trade Balance reached 2.33 billion dollars during April 2023, versus 1.89 billion dollars for the same month of previous year, an Increase of 23.8 %.

The most important indicator is as follows.

• Exports:

Exports value decreased by 44.9% as it reached 3.03 billion dollars during April 2023, versus 5.50 billion dollars for the same month of previous year, due to a decreased value of some commodities such as:

(Natural and liquefied gas by 75.6%, Fruits, fresh by 58.8%, Crude oil by 48.2%, Ready – made clothes by 34.1%). 

While exports value of some commodities increased during April 2023, versus the same month of previous year such as (Rods, Bars, Angles, Wires of Iron by 568.8%, pasta and various food preparations by 35.6%, Onion , fresh by 65.8.6%, Dairy Products by 1.4%).

Imports:

Imports value decreased by 27.4% as it reached 5.36 billion dollars during April 2023, versus 7.38 billion dollars for the same month of previous year, due to a decreased value of some commodities such as:

(Wheat by 1.4%, , Chemicals, Organic & Non organic by 2.1%, plastics in their primary forms by 33.6%, Raw materials of iron or steel by 52.4%).

Imports of some commodities increased in April 2023, versus the same month of previous year such as :

(Petroleum products by 13.8%, Corn by 61.3%, Natural gas by 16.6%, Iron ores and concentrates by 5.2%).