Egypt’s foreign trade reached approximately $104.7 billion in the 2023/2024 fiscal year, according to the Central Bank of Egypt (CBE). This figure includes $72.1 billion in imports and $32.6 billion in exports, reflecting a substantial volume of trade with international partners.
The CBE’s latest report reveals that trade with Egypt’s top 14 trading partners accounted for 64.6% of the country’s overall foreign trade, totaling approximately $67.6 billion. This includes $46 billion in imports and $21.6 billion in exports.
The UAE emerged as Egypt’s largest trading partner, with a trade volume of $9.3 billion, comprising $5.6 billion in imports and $3.7 billion in exports. The United States followed closely in second place with a total trade volume of $7.5 billion, including $3.9 billion in imports and $3.6 billion in exports. Saudi Arabia ranked third with $7.2 billion in trade, made up of $5.4 billion in imports and $1.8 billion in exports, while China secured the fourth position with a trade volume of $7.2 billion, including $6.7 billion in imports and $490 million in exports.
Germany, in fifth place, recorded a trade volume of $5.2 billion, comprising $3.7 billion in imports and $1.5 billion in exports. The United Kingdom followed with $4.8 billion in total trade, consisting of $2.5 billion in imports and $2.3 billion in exports, while Italy’s trade volume reached $4.6 billion, with $2.4 billion in imports and $2.2 billion in exports.
Other notable trading partners include Turkey with $4.3 billion, Switzerland at $4.1 billion, and Russia with a trade volume of $3.2 billion. Egypt also traded $2.8 billion with Brazil, $2.5 billion with India, and $2.4 billion with France, among others. Trade with countries outside the top 14 accounted for a total of $37.1 billion, comprising $26.2 billion in imports and $10.9 billion in exports.