Egypt sets $145B export target by 2030 in new trade policy framework

Egypt has announced plans to raise exports to $145 billion by 2030 under a comprehensive trade policy designed to link investment with trade, strengthen competitiveness, and expand the country’s role as a regional and international hub.

Minister of Investment and Foreign Trade Hassan El-Khatib said the new policy seeks to increase high value-added exports, reduce the trade deficit, and open new markets through balanced trade agreements. He stressed that the approach would also protect domestic industries using trade remedies that comply with international standards.

The minister presented the framework during a cabinet meeting, chaired by Prime Minister Mostafa Madbouly. He noted that the policy integrates with Egypt Vision 2030 and acts as a tool to advance economic reforms.

According to El-Khatib, the strategy prioritizes sectors with the greatest potential for added value and aims to maximize opportunities in global markets.

It also seeks to boost Egypt’s position in global value chains, ensure better coordination across government institutions, and increase the return from international agreements by closely linking them with investment plans.