At the same time, imports from Egypt to the US saw a positive uptick to reach $6.8 billion
Petroleum product exports saw a downtrend of 44.9% to record $291 million, compared to $528 million in January-February 2022
Maait added that Egypt seeks to maintain the flow of the production wheel, as well as reduce the burden on importers through reducing fines and providing basic commodities to citizens
He added that 800 imported cars have been already released in Egypt, noting that the government has been receiving 3,000 import requests daily
According to the ECA head, Egypt typically releases goods worth between $4 and $5 billion on a monthly basis
