Country intelligence · EGY · 2024

Egypt trade profile

In 2024, Egypt recorded $48.7B in merchandise exports and $95.8B in imports, producing a $47.1B trade deficit. Exports changed +7.8% from the previous year, while imports changed +10.8%.[1]

Exports

$48.7B

+7.8%

Imports

$95.8B

+10.8%

Trade balance

-$47.1B

deficit

Active partners

270

59 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$48.7B$95.8B-$47.1B+7.8%
2023$45.2B$86.4B-$41.3B-18.4%
2022$55.3B$100.5B-$45.2B+21.8%
2021$45.4B$94.0B-$48.6B+47.1%
2020$30.9B$73.9B-$43.0B-7.0%
2019$33.2B$80.5B-$47.3B+5.0%
2018$31.6B$83.7B-$52.1B+8.8%
2017$29.1B$72.6B-$43.5B+12.0%
2016$26.0B$71.3B-$45.4B+4.6%
2015$24.8B$75.3B-$50.5B-17.0%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

42 active HS6 lines · 130 export partners

$8.9B
2

HS 71 · Precious metals and stones

45 active HS6 lines · 79 export partners

$3.3B
3

HS 85 · Electrical machinery

262 active HS6 lines · 166 export partners

$3.0B
4

HS 08 · HS chapter

67 active HS6 lines · 158 export partners

$2.7B
5

HS 31 · HS chapter

24 active HS6 lines · 120 export partners

$2.5B
6

HS 39 · HS chapter

129 active HS6 lines · 161 export partners

$2.4B
7

HS 72 · HS chapter

165 active HS6 lines · 103 export partners

$2.3B
8

HS 07 · HS chapter

67 active HS6 lines · 157 export partners

$2.0B

Leading export markets

Destinations rank bilateral export flows from Egypt; growth describes each corridor rather than the whole economy.

1

Saudi Arabia

Annual change +41.0% · 3-year CAGR 19.5%

$6.1B
2

Türkiye

Annual change -9.3% · 3-year CAGR 3.8%

$4.0B
3

United Arab Emirates

Annual change +49.2% · 3-year CAGR 12.2%

$3.3B
4

Italy

Annual change +1.8% · 3-year CAGR 5.6%

$3.0B
5

United States

Annual change +9.4% · 3-year CAGR -8.1%

$2.5B
6

United Kingdom

Annual change +16.2% · 3-year CAGR 15.3%

$1.7B
7

Spain

Annual change -3.7% · 3-year CAGR -3.8%

$1.6B
8

Libya

Annual change +7.3% · 3-year CAGR 20.9%

$1.5B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.