Arab Finance: Trade exchange between Egypt and the European Union (EU) decreased by 19% year on year (YoY) to $31.2 billion during 2023, Asharq Business reported.

The value of Egyptian exports to EU member countries declined by 31.8% YoY to $11.8 billion, while imports from EU countries dropped by 9% to $19.4 billion.

Italy was the top importer of Egyptian exports among EU countries, importing $3.1 billion worth of goods from Egypt, followed by Spain and Greece importing Egyptian goods valued at $1.8 billion and $1.6 billion, respectively.

On the other hand, Germany was the top EU exporter to Egypt, with exports worth $4.1 billion to the North African country.

Egypt trade deficit hits 10-year low as non-oil exports post strongest growth Updated 12/31/2025 2:58:00 PM

Egypt receives $3.5B under Northwest coast development deal with Qatari Diar Updated 12/30/2025 2:42:00 PM

Egypt, UAE step up talks on trade, investment, and comprehensive partnership agreement Updated 12/30/2025 7:50:00 AM

Egypt, Lebanon sign MoU to supply Deir Ammar power plant with natural gas Updated 12/29/2025 2:38:00 PM

Aman Consumer Finance, Habitat for Humanity Egypt launch housing improvement finance program Updated 12/29/2025 12:17:00 PM