Import Export News
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Egypt’s exports surge by 24% in February amid trade shifts
The surge comes amid other economic indicators improving, highlighting the country’s developing financial landscape.
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Morocco Eyes Major Export Boost to Egypt, Targets $500 Million by 2027
The ambitious goal comes after a high-stakes trade mission and signals a new phase in economic ties between the two North African nations.
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Egypt targets $145bln in exports by 2030
The Minister pointed to major infrastructure investments, including cities, ports, logistics hubs, and upgraded transport networks.
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Egypt Aims For $145 Billion In Exports By 2030
The government unveils new strategies to enhance competitiveness and diversify markets for Egyptian products.
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US imposes 10% tariff on goods imported from Egypt
The US imposes a 10% tariff on Egyptian imports, impacting textiles, metals, and food, reshaping bilateral trade amid rising protectionism.
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Egypt’s wheat imports forecast at 13 million tonnes
The largest suppliers to Egypt during the past five marketing years were Russia (34.6 million tonnes), Ukraine (10.4 million) and EU-27 (9.64 million)
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Indian group to build cold storage facilities to boost Egypt exports
El-Khatib emphasized Egypt's commitment to attracting Indian investments by fostering a business-friendly environment.
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Egypt food industry exports grow by 21% in 2024
Chairman of the Food Export Council (FEC), Mahmoud Bazan, said Egypt's food industry exports grew by 21 percent in 2024, exceeding $6.1 billion.
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Egypt targets $115.8 bln in annual exports by 2030
Egypt aims to increase its annual exports to reach $115.8 billion by 2030, Prime Minister Mostafa Madbouly said on Tuesday.
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Brazil’s corn exports to Egypt up by 174%
In 2024 Egypt imported USD 3.3 billion worth of agribusiness goods from Brazil, an increase of 91.4% compared to 2023.
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Egypt exports hit record $40 bln in 2024
Minister of Investment and External Trade Hassan ElKhatib announced Monday that Egyptian exports reached an all-time high of $40 billion in 2024.
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Egypt to limit car imports to 1 per importer over next 5 years starting Friday
The investment ministry noted that importers must provide a bank statement to confirm their financial capacity to make such purchases.
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Egypt Approves New Mechanism to Settle Exporters’ Dues
December saw updates to the export program, introducing revised percentages of foreign currency proceeds exporters are required to surrender.
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Food industry represents almost 14% of Egypt’s total exports
The food industry contributes approximately 14% of Egypt’s total exports, emphasizing its importance in driving economic growth.
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Egypt to launch ambitious export support program in FY2025/26
Speaking at the sixth annual Hapi, Kouchouk emphasized the government’s commitment to supporting export activities.
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Egypt’s food industry exports hit $5.1bln in 10 months
The increase of $770 million in the first 10 months of 2023 reflects the highest growth rate and export value in the sector’s history.
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173,000 tons of Egyptian food products exported on November 23-29
Citrus was in the lead of exported fruit list with 18,000 tons exports to be followed by strawberry at 5,000 tons.
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Egypt's exports to Spain record €1.265B
Spain is the second-largest market for Egyptian exports, valued at €1.265 billion, with the total trade volume nearly €3 billion.
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Machinery tops Egypt's imports from G20 countries in 2024
The value of Egyptian imports from the G20 amounted to about $46.6 billion during the mentioned period, compared to $40.7 billion.
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Saudi Arabia tops list of BRICS states importing from Egypt
The value of Egyptian exports to the Kingdom amounted to about $2.2 billion, reported CAPMAS.