Egypt's Finance Minister Mohamed Moeet.

The value of taxes and customs fees on imported vehicles collected by the Alexandria Customs Authority hit EGP 1.7 billion in September, the finance ministry said in a statement on Wednesday.

The number of imported cars that were cleared by the Customs Authority after paying customs fees reached 10,800, and their estimated value exceeded EGP 2.829 billion. Their paid customs fees and value-added tax (VAT) amounted to EGP 1.108 billion.

Also, as many as 1,028 imported trucks, microbuses and motorbikes were cleared by the Customs Authority. Their collected customs fees reached roughly EGP 280 million.