CAIRO, 13 February 2021 – Egyptian petroleum product imports in 2020 amounted to $6.383 billion, down 32.3 percent compared to 2019, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

The value of all petroleum product imports in 2019 amounted to $9.429 billion, according to CAPMAS.

Petroleum Imports Down 32.3 Percent - Photo Sada El Balad

Petroleum Imports Down 32.3 Percent – Photo Sada El Balad

Diesel saw the largest decrease in 2020, dropping in monetary value to $858m compared to $3815 million in 2019.

Diesel was followed by 95 octane petrol, whose value amounted to $609 million in 2020 compared to $1.48 billion in 2019, and LPG which reached $840 million compared to $ 1.05 billion.

The downward trend in imports of petroleum products is nearly ten percentage points more than the year before.

In 2019, the country’s imports of petroleum products amounted to $9.42 billion compared to $12.31 billion in 2018, or a 23.4 percentage reduction.

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