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Egypt Sees 21 Percent Surge in Non-Oil Exports
(MENAFN) Egypt’s non-oil exports soared by 21 percent year-on-year, reaching $36.639 billion during the January-September period of 2025, announced Minister of Investment and Foreign Trade Hassan El-Khatib on Wednesday.
In tandem, the country’s trade deficit contracted by 18 percent to $22.772 billion, down from $27.877 billion over the same timeframe last year, the minister stated in a release while reviewing the latest figures from the General Organization for Export and Import Control.
El-Khatib highlighted that the United Arab Emirates, Türkiye, Saudi Arabia, Italy, and the United States remained Egypt’s top non-oil export markets in the first nine months. Exports to these five nations collectively surged 42 percent, totaling $14.774 billion.
Within key non-oil sectors, building materials dominated with $11.688 billion in exports, followed by chemicals and fertilizers, food industries, engineering and electronics, and agricultural crops.
“The increase is driven by stronger competitiveness and expanded market access,” El-Khatib said, emphasizing that the ministry aims to further accelerate non-oil export growth by streamlining trade processes, expanding the export rebate program, and fully leveraging Egypt’s extensive free trade agreements with regional and global partners, according to the statement.
In tandem, the country’s trade deficit contracted by 18 percent to $22.772 billion, down from $27.877 billion over the same timeframe last year, the minister stated in a release while reviewing the latest figures from the General Organization for Export and Import Control.
El-Khatib highlighted that the United Arab Emirates, Türkiye, Saudi Arabia, Italy, and the United States remained Egypt’s top non-oil export markets in the first nine months. Exports to these five nations collectively surged 42 percent, totaling $14.774 billion.
Within key non-oil sectors, building materials dominated with $11.688 billion in exports, followed by chemicals and fertilizers, food industries, engineering and electronics, and agricultural crops.
“The increase is driven by stronger competitiveness and expanded market access,” El-Khatib said, emphasizing that the ministry aims to further accelerate non-oil export growth by streamlining trade processes, expanding the export rebate program, and fully leveraging Egypt’s extensive free trade agreements with regional and global partners, according to the statement.
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