Cairo – Mubasher: Import bill of Egypt's food staples declined by 9.3% year-on-year in the first ten months of 2017.
The bill stood at $5.1 billion in the ten-month period of 2017, against $5.6 billion in the corresponding period of 2016, according to MENA.
Strategic staples of the North African country include 15 goods that make up 11% of the country’s non-petroleum imports.
Egypt’s import bill of meat plunged 48.3% year-on-year in the aforementioned period, accounfing for around $411.45 million of the total bill, versus $797.16 million.
Meanwhile, bean imports of the Arab world's most populous state totalled $110.77 million in the first ten months ended October 2017, compared to $198.1 million in the year-ago period.
Edible oil Imports fell 21.3% year-on-year to $757.8 million, against $963.24 million, while dairy product imports dropped 36.2% y-on-y to $238.23 million from $373.87 million.
Corn imports in the ten-month period of 2017 retreated 6.9% y-on-y to $874.60 million from $940.25 million.
On the other hand, Egypt’s rice imports soared 101% y-on-y to $39.31 million from $19.55%, and sugar imports totalled $343.07 million, up from $125.72 million in the first ten months of 2016.
Moreover, wheat imports hiked 46% year-on-year to $1.3 billion in the ten-month period of 2017 form $1.23 billion.
