#decline
The value of import expenditure by Egypt in 2023 declined by 13.5 percent, accounting for a USD 13-billion cut, reported the Central Agency for Public Mobilization and Statistics (CAPMAS) The foreign trade bulletin issued by CAPMAS put the Egyptian government’s imports at a total of USD 83.2 billion in 2023, down from USD 96.2 billion in 2022. Petroleum products topped the list of the top ten goods imported by Egypt in 2023, with imports valued at USD 7.4 billion, followed…