Industrial exports down 12 percent. Depreciation of the euro and instability of Iraq chief among reasons

Total industrial exports decreased by 12 percent in 2015, registering $2.7 billion last year, compared to $3.1 billion in 2014. Exports in volume decreased from 1.6 million in 2014 to 1.5 million tons last year, according to Customs statistics.

Industrial exports, excluding mineral products (mostly oil), pearls and precious stones, and base metals, decreased by seven percent last year, registering $2.2 billion compared to $2.5 billion in 2014.

Fadi Gemayel, Chairman of the Associat...

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