exports
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that the value of Egyptian exports to Arab countries reached $16.2 billion in 2024, compared to $13.6 billion in 2023, marking an 18% increase.
Besides Egypt, the countries identified as most at risk include Jordan, Lebanon, Bahrain, Tunisia, and Morocco
Trade with countries outside of the top 14 amounted to $10.21 billion—$7.22 billion in imports and $3.00 billion in exports
The Chamber’s objectives for 2024 included addressing challenges faced by food manufacturers, representing their interests to relevant stakeholders, and providing industry data to support decision-making
This rise was primarily driven by strong demand in sectors like petroleum products, fresh fruits, ready-made garments, and food preparations.
The expansion of Egypt’s food export markets in 2024 was notable, with growth across Arab, European, American, and African regions, according to the latest FEC data shared by Bazan.
Egypt's Ready-Made Garments Export Council revealed that the sector's exports increased by 18 percent to record $2.84 billion in 2024, compared to $2.41 billion in 2023.
The agency's data indicated that the total value of Egyptian potato exports amounted to about $409 million and 129 thousand during the first 10 months of 2024, up from $391 million and 394 thousand in the same period of 2023, an increase of about $17 million and 735 thousand.
Egyptian Minister of Agriculture and Land Reclamation Alaa Farouk announced that Egyptian agricultural exports have achieved an unprecedented record in 2024, exceeding 8.6 million tons.
Trade with Egypt’s top 14 trading partners accounted for 64.6 percent of its overall foreign trade, totaling around $67.6 billion.
The aim is exporting 100 percent of the output through Port of Safaga.
The last two months reported consistent growth, with non-oil exports reaching $29.713 billion by the end of September and increasing by 12.2 percent by the end of October.
Within the framework of Egypt’s goal to increase its total exports to $140-145 billion by 2030, the Chemicals and Fertilizers Export Council is planning a series of trade missions in 2025 to boost the country’s exports and strengthen its position in international markets
Data from the Central Agency for Public Mobilization and Statistics (CAPMAS) monitored the development of Egyptian exports to African Union countries, which achieved a significant increase during 2023.
The exports of the ready-made garment sector during the period from January to September of this year achieved 2 billion and 43 million dollars, an increase of 18 percent compared to the same period last year.
Egypt's agricultural exports increased by 32% during the first 10 months of 2024, according to a report issued by the Ministry of Agriculture and Land Reclamation.
Egyptian Ambassador to Baghdad met Tuesday with Iraqi Minister of Manufacturing and Minerals Khaled Battal Negm.
While the volume of Egyptian imports from Algeria amounted to $17 million during the first 8 months of 2024, compared to $8 million during the same period in 2023.
The investment minister held an extensive meeting with representatives of global car manufacturers, agents, and distributors to bolster Egypt's automotive industry on Tuesday.
The minister led a comprehensive meeting to discuss the customs release process and the inspection of imported goods with representatives from various ministries and relevant authorities.
