The UAE emerged as Egypt’s largest trading partner during the fiscal year 2023/2024, achieving a total trade volume of approximately $9.3 billion. This figure includes $5.6 billion in imports and $3.7 billion in exports, highlighting the significant economic relationship between the two nations. Egypt’s foreign trade reached approximately $104.7 billion in the same period, as reported by the Central Bank of Egypt (CBE). This total comprises $72.1 billion in imports and $32.6 billion in exports, marking a robust volume of trade with global partners.
According to the CBE’s latest report, trade exchanges between Egypt and its top 14 trading partners—accounting for 64.6 percent of Egypt’s overall foreign trade—reached approximately $67.6 billion. This includes $46 billion in imports and $21.6 billion in exports.
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Saudi Arabia ranked third with a trade volume of $7.2 billion, comprising $5.4 billion in imports and $1.8 billion in exports, while China secured the fourth spot with $7.2 billion in trade value, which includes $6.7 billion in imports and $490 million in exports.
Germany, in fifth place, recorded a trade volume of $5.2 billion, including $3.7 billion in imports and $1.5 billion in exports. The United Kingdom followed with $4.8 billion in total trade, made up of $2.5 billion in imports and $2.3 billion in exports, while Italy’s trade volume reached $4.6 billion, with $2.4 billion in imports and $2.2 billion in exports.
Trade with other countries
Other notable trading partners include Türkiye, with $4.3 billion in trade, Switzerland at $4.1 billion, and Russia with a trade volume of $3.2 billion. Egypt also traded $2.8 billion with Brazil, $2.5 billion with India, and $2.4 billion with France, among others.
The CBE also highlighted that trade with other countries not included in the top 14 totaled $37.1 billion, consisting of $26.2 billion in imports and $10.9 billion in exports.
This comprehensive foreign trade data underscores the dynamic nature of Egypt’s international economic ties, with key trading relationships continuing to shape the country’s commercial landscape.
