Egypt’s non-oil trade deficit narrowed by 4.6% year on year (YoY) in 2024, reaching $37.3 billion, driven by a 14.5% increase in exports.

Egypt’s non-oil merchandise exports increased by 14% to $40.8 billion in 2024, compared to $35.7 billion in 2023, Hassan El-Khatib, Minister of Investment and Foreign Trade, announced.

Egypt’s non-petroleum exports rose to $33.35 billion in the first 10 months of 2024, marking a 12.2% increase compared to the same period last year.

Egypt's non-oil trade deficit plunged by approximately 16% to $15.9 billion in the first half (H1) of 2024.

Egypt’s non-oil exports inched up 1.6% year on year (YoY) in 2023, recording $34.424 billion, compared to $33.894 billion.

Egypt’s merchandize exports reached $35.3 billion in 2023, Minister of Trade and Industry Ahmed Samir.

Egypt’s non-oil exports narrowed17% year on year (YoY) in the first half (H1) of 2023, recording $16 billion, compared to $19.3 billion.

Trade exchange between Egypt and Poland hit unprecedented levels in 2022, nearing $900 million, according to a report received by Head of the Egyptian Commercial Services Yahya Elwathik Bellah on March 28th.