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Saudi August oil exports fall to lowest in three years DUBAI: Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, while volumes used by local refineries rose to a record high, official data showed on Monday.The world's top oil exporter and OPEC heavyweight exported 6.663 million barrels per day in August, down from 6.989 million bpd in July and 6.946 million bpd in June, according to data published by the Joint Organisations Data Initiative (JODI).The August export figures were the lowest since March 2011, the data showed.The kingdom's production dropped to 9.597 million bpd in August from 10.005 million in a month earlier, the data showed. But crude supplies - both domestically and for exports - were 9.688 million bpd in August, an industry source told Reuters, indicating no major change in the amount of crude supplied to the market from the kingdom.Refiners processed 2.167 million bpd of crude ...

Egypt government approves plan to allow export of rice CAIRO: Egypt's government has approved plans to allow the export of rice, the supplies minister said on Thursday, bringing a major medium-grain rice exporter back into the international market for the first time since 2013.Traders would be allowed to export rice provided they sell the government one tonne of medium-grain rice at 2,000 Egyptian pounds($279.72) for every tonne of rice they export.Exporters would also have to pay a tariff of $280 per tonne exported, the ...
Uganda coffee exports fall 7pc yr/yr in September KAMPALA: Uganda coffee exports for September fell by 7 percent to 207, 927 60-kg bags of coffee compared with the same month a year ago, an industry source said on Thursday, extending a pattern of lower exports this year. Industry experts in Uganda, Africa's number one exporter of coffee which mostly cultivates the robusta variety, said the coffee yield is usually poorer in some parts of the country at this time of the year. "We're ...
Egypt to stop wheat imports until March CAIRO: Egypt, the world's biggest wheat importer, will stop purchasing wheat until March 2015, the supplies minister said on Saturday."After the recent purchase of 175,000 tonnes of French and Russian wheat to produce subsidized bread, the strategic reserve of wheat is enough to last until the first week of next March," Supplies Minister Khaled Hanafi said in a statement.The recent purchase consisted of 120,000 tonnes of French wheat and 55,000 tonnes of Russian wheat at ...
Ivorian cocoa arrivals seen at 1,719,000 tonnes by Sept 21 ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 1,719,000 tonnes by Sept. 21 since the start of the season on Oct. 2, exporters estimated on Monday, up from 1,462,000 tonnes in the same period of the previous season. Exporters estimated around 9,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between Sept. 15 and 21, down from 20,000 tonnes during the same ...
Iraq issues new tender to buy minimum 30,000 T rice HAMBURG: Iraq's state grains buyer has issued an international tender to buy at least 30,000 tonnes of rice, European traders said on Monday.The closing date for the tender is Monday, Sept. 22, and offers must be valid until Friday, Sept. 26.The rice can be sourced from the United States, Uruguay, Argentina, Brazil, Vietnam and Thailand. Thai white rice will be accepted, traders said.Copyright Reuters, 2014 ...
Uganda coffee exports seen rising 3pc in 2014/15 season KAMPALA: Uganda's coffee exports are likely to rise by 3 percent to 3.6 million 60-kg bags of the beans in the 2014/15 (Oct-Sep) crop year largely due to good weather and attractive prices.Uganda, Africa's number one exporter of coffee and which predominately cultivates the robusta variety, expects 2013/14 exports to hit a forecast for the season of 3.5 million bags.By the end of July, Uganda had shipped 3 million bags since the beginning of the ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 10, 2014
Reserves $13.401 bln