Egypt’s Customs Clearance Exceeds $79 Billion Amid Ongoing Reforms

Between January 1, 2024, and January 8, 2025, the total value of goods cleared through customs surpassed $79 billion, including $33 billion allocated for production inputs and raw materials and $20 billion for strategic goods.

This announcement was made during a meeting chaired by Prime Minister Mustafa Madbouly to evaluate the progress of customs clearance processes and the implementation of the Advance Cargo Information (ACI) system.

The Prime Minister stressed the importance of regularly monitoring customs clearance updates at ports and entry points nationwide. He highlighted the government’s dedicated efforts to reduce clearance times, optimize the ACI system, and ensure the availability of essential goods to meet the needs of citizens. These initiatives also aim to secure critical production inputs for various industries, thereby fostering stability in Egypt’s markets.

Madbouly noted that reducing customs clearance times involves collaborative measures with relevant authorities, alongside legislative amendments currently underway. While progress has already been achieved, he emphasized the need to set and reach even more ambitious targets.

Cabinet spokesperson Mohamed El-Homsany added that the meeting reviewed data on goods registered under the ACI system from October 1, 2021, to January 8, 2025, including both petroleum and non-petroleum products. The discussion also covered the value of goods currently in customs and those cleared as of January 8, 2025, under the ACI framework.

Efforts by various authorities to streamline customs clearance operations and enhance coordination among stakeholders were also examined during the meeting, reflecting the government’s commitment to further reform and efficiency in this critical sector.