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Trade deficit hits $8.04B in July
According to data from the Central Agency for Public Mobilization and Statistics, Egypt's trade deficit increased to $8.04 billion in July 2026, reflecting a 53.95% rise compared to the same month of the previous year. Exports reached $3.93 billion, marking a slight increase of 0.58%, while imports surged by 31.13% to $11.97 billion. The rise in imports is due to increased purchases of goods such as natural gas, pharmaceuticals, and raw iron, whereas the value of some exports like sugar and crude oil declined.
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