{"id":89118,"date":"2025-09-24T00:00:00","date_gmt":"2025-09-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/24\/egypts-trade-deficit-hikes-up-20-2-y-o-y-in-fy-2024-25-to-usd-50-bn\/"},"modified":"2025-09-24T00:00:00","modified_gmt":"2025-09-24T00:00:00","slug":"egypts-trade-deficit-hikes-up-20-2-y-o-y-in-fy-2024-25-to-usd-50-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/24\/egypts-trade-deficit-hikes-up-20-2-y-o-y-in-fy-2024-25-to-usd-50-bn\/","title":{"rendered":"Egypt\u2019s trade deficit hikes up 20.2% y-o-y in FY 2024-25 to USD 50 bn"},"content":{"rendered":"

Egypt\u2019s trade deficit rose 20.2% y-o-y in 2024 to record USD 50 bn,<\/strong> according to state statistics agency Capmas data (pdf)<\/a>. Exports rose 6.5% y-o-y to USD 45.3 bn, while imports climbed up 13.2% y-o-y to USD 95.3 bn. <\/p>\n

It's shaky everywhere, even on a global scale. <\/strong>Trade policy uncertainty \u201chas escalated to unprecedented levels,\u201d driven by industrial policy, rising competition for raw materials, and concerns over trade imbalances, according to UNCTAD\u2019s latest Global Trade Update (pdf)<\/a>. To build resilience to the trend of growing uncertainty, export markets need to diversify and actively participate in international agreements, the report warned.<\/p>\n

Alexandria Port stood out as Egypt\u2019s top operating port<\/strong>, accounting for some 31.1% of total exports and 22.1% of total imports last year. This was followed by Cairo\u2019s airports \u2014 which sent out 14.8% of exports and received 20.8% of total imports. Ain Sokna Port followed in the way of imports, hauling in 12.3%, while the Tenth of Ramadan Dry Port came in third in terms of exports, having sent out 10.4% of exports last year.<\/p>\n

A closer look: <\/strong>Non-oil exports rose 14.4% y-o-y to USD 39.3 bn in 2024 \u2014 making up the brunt of the country\u2019s total exports. Non-oil imports increased almost 9.2% to USD 79.2 bn during the same year. On the flip side, oil and gas exports amounted to USD 5.5 bn in 2024 \u2014 decreasing nearly 29% y-o-y \u2014 while oil and gas imports surged nearly 38.3% y-o-y to USD 16.1 bn. <\/p>\n

Manufactured goods stood out as our top export product <\/strong>\u2014 with fully manufactured goods amounting to 54.1% of all non-petroleum goods exported. Of this, gold and gold-plated platinum came in first at USD 3.2 bn, followed by ready-made clothing and accessories at USD 2.8 bn, then plastics and iron products tied in third place \u2014 each valued at USD 2.3 bn. <\/p>\n

A number of key imported goods decreased in total value.<\/strong> Corn imports fell 8.5% y-o-y last year to record USD 2.3 bn, imports of wood and wooden products fell 2.4% y-o-y to USD 1.2 bn, and crude oil imports plummeted by nearly half to USD 900 mn. Intermediate goods led the way in terms of imports, making up 35.8%, followed by fuel at 17.3%, and non-durable consumer goods at 16%.<\/p>\n

KSA stood out as a key partner in both departments <\/strong>\u2014 receiving nearly 7.7% of Egypt\u2019s total exports (USD 3.5 bn) and accounting for 8.3% of all imports (USD 7.9 bn). Looking East, China was Egypt\u2019s top import source, responsible for some 16.5% of total imports \u2014 recording a total of USD 15.7 bn. Turkey held a near 7.6% share of total exports \u2014 recording a total of USD 3.4 bn. The US also deserves an honourable mention \u2014 delivering 8% of total imports.<\/p>\n","protected":false},"excerpt":{"rendered":"

Alexandria Port and Cairo Airport stood as Egypt's top export gateway, together moving around 45.9% of the country\u2019s foreign-bound goods<\/p>\n","protected":false},"author":1,"featured_media":89119,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[49,37,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-egypt","tag-ports","tag-trade","wpautop","entry"],"acf":{"mongo_id":"5dec7dbb-187c-4410-b5ba-adea1f911fd5","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2008.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s trade deficit hikes up 20.2% y-o-y in FY 2024-2025 to USD 50 bn","related_issue":[89110],"teaser":"Alexandria Port and Cairo Airport stood as Egypt's top export gateway, together moving around 45.9% of the country\u2019s foreign-bound goods","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.0b3451e8-0935-4ed9-9a71-93f8aafc7f83.mp3"},"yoast_head":"\nEgypt\u2019s trade deficit hikes up 20.2% y-o-y in FY 2024-25 to USD 50 bn - 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