Arab Finance: Egypt’s trade deficit edged down by 0.58% year on year (YoY) to $3.42 billion in January 2025 from $3.44 billion, the Central Agency for Public Mobilization and Statistics (CAPMAS) data showed.

The value of exports surged by 20.1% to $4.36 billion in January from $3.63 billion during the same month in 2024.  

This growth was backed by a 15% rise in exports of ready-made garments, a 24.7% increase in iron products, and a 15.6% surge in dried pulses.

Meanwhile, the value of Egyptian imports rose by 10.1% YoY to $7.78 billion last January, compared to $7.07 billion. This was attributed to a 145.5% leap in natural gas imports, a 22.5% rise in wheat imports, and a 13.3% increase in imports of chemicals.

CMA CGM, October Dry Port pen strategic partnership to boost Egypt's logistics sector Updated 4/13/2025 9:14:00 AM

CBE governor says stabilizing EGP/USD exchange rate is incompatible with market-driven policy Updated 4/13/2025 8:24:00 AM

Fitch affirms Egypt’s ‘B’ rating with stable outlook Updated 4/13/2025 8:21:00 AM

Egypt sets wheat procurement price at EGP 2,200/ardeb for 2025 harvest season Updated 4/12/2025 10:18:00 AM

Egypt’s annual headline inflation hits 13.1% in March: CAPMAS Updated 4/11/2025 8:45:00 AM