|13 February, 2020

Egypt exports $4.9bln petroleum products in 2019

Exports rose to $4.9bln last year

Image used for illustrative purpose. Egyptian specialty fertiliser and chemical producer Evergrow is investing in two new projects between 2019 and 2023

Image used for illustrative purpose. Egyptian specialty fertiliser and chemical producer Evergrow is investing in two new projects between 2019 and 2023

Evergrow handout via Thomson Reuters Projects

Cairo –  Egypt’s petroleum products exports grew by 4.54% year-on-year in 2019, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

Exports rose to $4.9 billion last year, compared to $4.69 billion in 2018.

Egyptian liquefied natural gas exports went up to $1.236 billion in 2019, from $497 million a year earlier.

On the other hand, the North African country’s petrochemical products imports declined by 23.4% YoY to $9.42 billion last year.

Source: Mubasher

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