Import Export News
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Volume of Egyptian exports rise by 19.4% in 2022: CAPMAS
Among Egypt's exports in 2022, finished goods held the highest share at 41.2 percent of the total export value, followed by fuel at 33.5 percent.
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Egypt’s trade deficit hits $3.14B in September 2023: CAPMAS
The report indicates a notable decline in the value of exports, which amounted to $2.94 billion during September 2023.
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CAPMAS: Egypt‘s Exports to Cyprus Jumps 20.3% to $70.5 Mln
The report stated that the value of Egyptian imports from Cyprus amounted to $8.4 million during the first nine months of 2023.
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Egyptian engineering exports surge 8.5% to $3.5bn in 10M 2023
The EECE’s monthly report highlighted that engineering exports in October 2023 alone achieved a remarkable 22% growth.
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Egypt’s new foreign currency VAT doesn’t apply to imports: Minister
Egypt doesn’t collect the value-added tax in foreign currency on imports but on goods and services that are typically paid for in foreign currency.
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Egypt releases $63 billion worth of imported goods with $5 billion remaining in ports
Egypt has released imported goods valued at $63 billion from its ports since the beginning of 2023.
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Trade Between Saudi Arabia & Egypt Hit USD 20.4 Billion in 2022
This marks a 40% increase compared to trade between Saudi Arabia and Egypt in 2021.
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Egypt and Belgium Company Sign MoU to Evaluate Exporting Renewable Energy to Europe
The core of the project involves the installation of a subsea cable with a minimum capacity of two gigawatts.
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Egyptian exports to African countries to rise by 10 percent by end of 2023 to $5.5B
El-Gabaly stressed that Egypt plays an important role as a reliable gateway to Africa during the IATF 2023 event held in Cairo.
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Nile Basin Countries’ exports reach $1.7B in a 7.3% increase: CAPMAS
CBE report revealed that international trade during the financial year 2022/2023 reached $110.407 billion.
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Egypt readies launch of new ECA
In recent weeks, Egypt’s legislature passed a bill enabling the creation of the Egyptian Export and Investment Guarantee Agency (EEIGA).
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Egypt's Exponential Rise in Exports to Saudi Arabia in 2023
Egypt's exports of melons to Saudi Arabia has doubled in just eight months of 2023, setting new records for the year.
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Parliament passes bill on new export, investment guarantee agency
The Egyptian Parliament has passed a bill on the establishment of a new entity, the Egyptian Export and Investment Guarantee Agency (EEIGA), in an effort to amplify the export sector.
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Egypt, Germany trade exchange hits €5.5B in 2022
Trade volume between Egypt and Germany has reached €5.5 billion in 2022, marking a 7% increase from the previous year. Both countries aim to strengthen their economic ties and boost these figures even further.
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Egypt's Export Reaches $51.6B in 2022: IDSC
Exports from Egypt reached a total value of $51.6 billion in 2022, according to the IDSC. Non-petroleum exports accounted for $35.3 billion.
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Madbouly and ministers discuss ways to boost exports to Africa
Madbouly stressed the Egyptian government’s commitment to increasing trade between Egypt and African nations as part of the country’s strategy
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Egypt supports exportered by EGP 40.7 bln in 10 years: CAPMAS
Egypt has supported exports by EGP 40.7 billion ($1.32 billion) during the last 10 years, according to data released by CAPMAS.
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Egypt's Exports Record Significant Development, Reaching $311.7 Billion in the Last Decade
Egyptian exports have observed remarkable growth, reaching a total value of $311.7 billion over the last decade despite fluctuations.
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Egyptian importers call for expanding food export bans amid price increases
As Egypt’s three-month ban on onion exports comes into effect on Sunday, importers have asked for stronger measures to control prices.
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Egypt seeks to enhance investments with Greek and Cyprus
Egypt's Prime Minister, Mostafa Madbouly, meets with Greek and Cypriot counterparts to discuss strengthening investments and cooperation.