Egypt’s Trade Gap Shrinks to $3.4 Billion in January
Egypt’s trade deficit was $3.42 billion in January 2025. This is a small decrease of 0.6% compared to $3.44 billion in January 2024, based on official data.
Trade Overview
Exports from Egypt rose by 20.1% in January 2025, reaching $4.36 billion, up from $3.63 billion in January 2024, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS).
The increase was mainly due to higher exports of key products like:
- Ready-made clothes (up 15%)
- Pasta and other food items (up 31%)
- Iron bars, rods, and wires (up 24.7%)
- Dry beans and lentils (up 15.6%)
However, exports of some goods went down, such as:
- Fresh fruits (down 0.2%)
- Petroleum products (down 12.9%)
- Fertilizers (down 25%)
- Plastic in basic form (down 16%)
Imports also increased by 10.1%, reaching $7.78 billion in January 2025, compared to $7.07 billion in January 2024.
The rise in imports was mainly due to:
- Natural gas (up 145.5%)
- Wheat (up 22.5%)
- Chemicals (up 13.3%)
- Plastic in basic form (up 3.1%)
- But imports of some items fell, including:
- Petroleum products (down 13%)
- Iron or steel raw materials (down 10.7%)
- Medicines (down 0.1%)
- Passenger cars (down 33.7%)
US Tariffs
The US has placed a 10% tariff on Egyptian goods under President Donald Trump, but Egypt is still one of the least affected countries.
In 2024, the US had a trade surplus of $3.5 billion with Egypt, which was 69.4% higher than the year before.
US exports to Egypt rose by 36% to $6.1 billion, while Egyptian exports to the US only grew by 6.7% to $2.5 billion.
Published: 10th April 2025
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