Egypt’s non-oil exports fall by 20% in first 5 months of 2015

Egypt's non-oil exports dropped by 20 percent (US$2 billion) in the first five months of 2015, reaching $8 billion, compared to $10 billion in the same period a year ago, according a report issued by the General Organization for Export and Import Control.   
The report showed that Egypt’s non-oil exports have continued to fall for the fifth month in a row, reaching US$1.7 billion in May, compared to $2.1 billion in the same month last year.
According to the report, the exports of the current year until the end of May account for 28 percent of the targeted annual plan for exports, totaling $25 billion. 

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