21.1% an increase in trade balance October 2022

Central agency for public mobilization and statistics issued Today 12 / 1 / 2023 Monthly bulletin of “Foreign Trade Data” October 2022.

The deficit value of the trade Balance reached 3.58 billion dollars during October 2022, versus 2.95 billion dollars for the same month of the previous year, an increase of 21.1%.

The most important indicator is as follows.

• Exports:

Exports value decreased by 9.4% as it reached 3.77 billion dollars during October 2022, versus 4.16 billion dollars for the same month of the previous year, due to a decreased value of some commodities such as:

(Petroleum products by 25.6%, fertilizers by 39.8%, crude oil by 45.4%, and plastics in their primary forms by 1.0%). 

While exports value of some commodities increased during October 2022, versus the same month of the previous year such as (Natural and liquefied gas by 14.4%, ready-made clothes by 19.7%, various pasta and food preparations by 20.6%, and fresh fruits by 71.7%).

Imports

Imports value increased by 3.3 % as it reached 7.35 billion dollars during October 2022, versus 7.11 billion dollars for the same month of the previous year, due to an increased value of some commodities such as:

(Petroleum products by 104.6%, wheat by 96.0%, plastics in their primary forms by 6.9%, and crude oil by 90.1%)

Imports of some commodities decreased in October 2022, versus the same month of the previous year such as :

(Medicines and pharmaceuticals by 20.4%, organic and inorganic chemicals by 2.2%, raw materials of iron or steel by 27.0%, copper and its articles by 48.1%).