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Egypt’s exports to COMESA rise to $5.8m in May 2015

Overall, products sent to Zimbabwe rose, while those to Zambia and Mauritius declined in May

Egypt’s Central Agency for Public Mobilisation and Statistics (CAPMAS) reports that the country’s exports to the Common Market for Eastern and Southern Africa (COMESA) countries rose last May to reach $5.762 million, compared with $5.698m during same month in 2014.

The Agency shows in its monthly bulletin that imports to COMESA countries rose during May to reach $22.170m compared to $6.264m in the same period last year, Egypt-based Shorouk Newspaper reports.

The bulletin shows that exports to Zimbabwe rose during May 2015 to $1.495m compared with only $854,000 in May 2014.

The report adds that Egypt’s exports to Zambia declined during May this year to reach $881,400 compared with $1.302m in the same month of last year. Also, the value of exports to Mauritius declined during the same period to reach $1.087m, compared with $1.70m during the comparison period.

The report points out that Egyptian imports from Zambia rose last May to reach $21.432m compared to $5.059m in May 2014, while imports during the mentioned period from Malawi dropped to $594,800 compared to $729,000 in the same period.

Egypt’s imports from the rest of the COMESA countries declined in May 2015 to reach $143,000 compared to $475,000 in May 2014.

($1 = AED3.67, at the time of publishing)