Egypt’s non-oil trade exchange soared 16.8% YoY during the January-to-October period of 2018, logging USD 78.40 bn versus USD 67.96 bn in the prior-year period, Invest-Gate reports.

According to the latest report by the General Organization for Export and Import Control (GOEIC) on November 26, Egyptian exports also leaped by 11% in the ten-month period that ended October 31 to hit USD 20.64 bn, compared to USD 18.55 bn during the year-ago period.

In addition, the country’s non-oil imports increased by USD 9.2 bn YoY, or 19%, at the end of October, recording USD 57.76 bn versus USD 48.54 bn a year ago, the report added.

The top destinations of Egyptian exports during the ten-month period include UAE (USD 1.7 bn), Turkey (USD 1.6 bn), US (USD 1.29 bn) and Italy (USD 1.3 bn), Head of the GOEIC Ismail Gaber said.