Imports
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
This rise was primarily driven by strong demand in sectors like petroleum products, fresh fruits, ready-made garments, and food preparations.
Trade with Egypt’s top 14 trading partners accounted for 64.6 percent of its overall foreign trade, totaling around $67.6 billion.
Egypt's car imports declined in October 2024 compared to the same month last year 2023, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
China topped the list of the top 5 markets for Egyptian imports from the beginning of this year until last August, according to the Central Agency for Public Mobilization and Statistics, compared to the same period last year 2023.
Data from the Central Agency for Public Mobilization and Statistics (CAPMAS) monitored the development of Egyptian corn imports from the beginning of this year 2024 until last August, compared to the same period last year 2023.
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 value of Egyptian imports from the G20 amounted to about $46.6 billion during the mentioned period, compared to $40.7 billion during the same period last year 2023.
Egypt's imports of passenger cars have declined recently, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
The Central Bank of Egypt (CBE) has reportedly directed banks, for the first time in two months, to allocate dollars for letters of credit (LC) related to the importing of non-essential goods requiring pre-approval.
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.
El-Khatib emphasized that this new vision is designed to enhance confidence among both local and foreign investors.
Egyptian wheat imports increased significantly in the first half of this year 2024, compared to the same period last year 2023, according to data from the Central Agency for Public Mobilization and Statistics.
The decline was attributed to a slight increase in Egyptian exports which was up by 0.8 percent to reach $3.29 billion compared to $3.26 billion recorded in April 2023
Trade between Egypt and G7 countries dipped in 2023, dropping by 17% to around $26 billion, reported the Central Agency for Public Mobilization and Statistics (CAPMAS) on Thursday
Exports and imports recorded $13.6 billion and $12.4 billion, respectively.
In an effort to strengthen its position in the global grain market, the Egyptian Holding Company for Silos and Storage (EHCSS) has initiated discussions with the Russian government regarding the establishment of a grain center in Egypt's East Al-Tafria area in Port Said, Al-Moselhi added.
