Egypt Records Lowest Trade Deficit in a Decade

Egypt recorded its lowest trade deficit in ten years during the first ten months of 2025, according to an end-of-year review issued by Egyptian Cabinet. The deficit declined by 16% between January and October 2025 compared with the same period in 2024.

The review noted that total trade volume rose by 8% year-on-year over the period, reaching $107.6 billion, the highest level recorded in a decade. Hassan ElKhatib, Minister of Investment and External Trade, attributed the increase to higher levels of investment and more efficient utilisation of domestic production capacity.

During the same period, imports fell by 2%, while non-oil exports increased by 19% to $40.7 billion. The cabinet said the combination of rising exports and lower import growth contributed to the narrowing of the trade gap.

The results were presented as part of a broader assessment of external trade performance in 2025, reflecting shifts in export activity and production dynamics over the year.