Import Export News
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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.
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Prime Minister reviews progress of export burden refund program
Starting from July 1, 2024, the minimum local content for exports benefiting from the program will be set at 35 percent, with increases planned.
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Egypt eyes $15 billion African export market by 2025
This plan aims to open new markets for Egyptian products, particularly in Africa, and to leverage the logistics centers.