Egypt-Lebanon Trade Surges to $1 Billion in 2024 with 44% Export Growth

CAIRO - 19 MAY 2025: Data from Egypt’s Central Agency for Public Mobilization and Statistics revealed a significant increase in trade between Egypt and Lebanon in 2024. Egyptian exports to Lebanon rose by 43.8% to reach $762.8 million, while imports from Lebanon slightly declined by 2.3% to $237.7 million. Overall trade value between the two countries hit $1 billion, marking a 29.3% increase compared to 2023.

Key Egyptian exports to Lebanon included fuels and mineral oils ($215 million), iron and steel products ($65 million), cement ($55 million), fruits and vegetables ($48 million), and sugar and sugar products ($41 million). On the import side, Egypt mainly sourced iron and steel ($118 million), fruits ($72 million), electrical machinery ($22 million), plastics ($4 million), and tanning and dyeing extracts ($4 million).

Investment flows showed Lebanese investments in Egypt remained stable at $51.2 million, while Egyptian investments in Lebanon rose to $9.7 million in the 2023/2024 fiscal year. Additionally, Egyptian workers in Lebanon sent home $42.9 million in remittances, up from $38.1 million the previous year, whereas Lebanese workers in Egypt remitted $3.5 million.

Population figures reported for May 2025 indicate Egypt has 107.6 million residents, Lebanon has 5.8 million, and approximately 11,300 Egyptians reside in Lebanon as of the end of 2023.