Egypt is looking forward to establishing a fast roll-on/roll-off (Ro-Ro) line between its ports and Croatia's, a move designed to boost trade and logistics between the two countries.

Egypt's external trade dynamics are currently shaped by a complex mix of exports and imports, influencing its economy. With major exports including agri-food products, cotton, and chemicals, while significant imports include wheat and energy, the trade balance reflects both opportunities and challenges.

Egyptian Prime Minister Mostafa Madbouly has directed the formation of a task force to implement a proposal for balanced trade deals with African countries.

Trade exchange between Egypt and Ireland stood at $448 million during the first 10 months of 2023, up from $428 million in the year-ago period, according to a press release from the Central Agency for Public Mobilization and Statistics.

The Egyptian government is seeking to implement more reforms in fiscal, monetary, and trade policies to create a clear and transparent investment environment, Minister of Investment and Foreign Trade Hassan El-Khatib announced during a roundtable discussion.

The Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib and the Minister of Economic Affairs of North Rhine-Westphalia witnessed the signing of a joint cooperation declaration between the Egyptian Commercial Service (ECS) and NRW Global Business.

Egypt has inaugurated the first trip of the Egyptian-Italian RoRo shipping line, connecting Damietta Port to Trieste, Italy, marking a significant step in enhancing Egypt's role as a regional transportation and logistics hub.

Minister of Investment and Foreign Trade Hassan El-Khatib outlined the state’s efforts to attract investments and enhance the movement of Egypt’s foreign trade in a recent address before the senate general assembly.

The Ministry of Investment and Foreign Trade is taking steps to enhance the country's investment climate and foster greater competitiveness by simplifying procedures, removing barriers, and ensuring a supportive institutional and regulatory environment, investment minister Hassan El-Khatib said in a press conference.

Trade exchange between Egypt and BRICS countries went up by 15% year on year (YoY) in the first eight months of 2024 to $30.2 billion, compared to $26.2 billion.

The trade exchange between Egypt and Belgium reached around €2.1 billion in 2023.

Egypt and Saudi Arabia are looking forward to strengthening their trade exchanges and deepening commercial and investment ties.

Trade exchange between Egypt and Germany went up by 4.2% year on year (YoY) in the first half (H1) of 2024 to $2.5 billion, compared to $2.4 billion.

The Minister of Supply and Internal Trade Sherif Farouk met with the CEO of First Abu Dhabi Bank Misr (FABMISR) Mohamed Abbas Fayed to discuss ways of financing imports of essential goods.

The food industry accounts for approximately 14% of Egypt's exports, Minister of Investment and Foreign Trade Hassan El Khatib announced.

Trade exchange between Egypt and the UK was valued at around £2.8 billion in 2023, Egyptian Minister of Investment and Foreign Trade Hassan El Khatib stated.

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir met with Qatar’s Minister of Transport Jassim bin Saif bin Ahmed Al Sulaiti to explore enhancing bilateral cooperation in the transport and industry sectors.

Egypt is seeking to boost its non-oil trade with Türkiye by 20% to 25% to reach approximately $8 billion in 2025, from $6.3 billion in 2023.

The Minister of Investment and Foreign Trade Hassan El Khatib met with the US Ambassador to Egypt Herro Mustafa Garg to mull cementing trade and investment cooperation between Egypt and the US over the coming period.