Egypt Oil & Gas: Egypt’s total exports of fuel, mineral oils, and their products have amounted to about $2.652 billion in Q2 of Fiscal Year (FY) 2019/20, according to the Central Bank of Egypt (CBE).
CBE has reported a decline in Egyptian exports in Q2 FY 2019/20 recording $7.130 billion compared to Q2 FY 2018/19, which recorded about $7.488 billion, a decrease of 5%. Crude oil exports were valued at $1.307 billion, and petroleum products were valued at 569.1 billion.
Additionally, Egypt’s exports of semi-manufactured goods increased during Q2 FY 2019/20 to reach $1.186.billion, compared to about $967.6 million in Q2 2018/19. Gold exports recorded $517.1 million, while ethylene and propylene polymers recorded $142.9 million. Phosphate and mineral fertilizers’ exports amounted to $272.1 million.