Prime Highlights:
- Egypt’s non-oil exports posted strong growth in 2025, reflecting improved global demand and stronger trade performance.
- The country’s trade deficit continued to narrow, supporting economic stability and long-term export goals.
Key Facts:
- Non-oil exports increased by more than 17%, reaching approximately $48.6 billion during the year.
- The trade deficit declined by 9% over the past 12 months to around $34.4 billion.
Background:
Egypt’s non-oil exports grew strongly in 2025, increasing by more than 17 percent to about $48.6 billion, according to data from the Ministry of Investment and Foreign Trade.
The figures also showed an improvement in the country’s external position, with the trade deficit narrowing by 9 percent over the past year to around $34.4 billion. The improvement supports Egypt’s long-term objective of strengthening its trade position globally, expanding annual exports to $145 billion, and reducing reliance on imports.
Officials said the performance reflects ongoing efforts to simplify trade procedures, make better use of international trade agreements, and support domestic industries while remaining aligned with global trade rules.
Gold exports played a major role in Egypt’s export growth. The ministry said gold exports rose to $7.6 billion in 2025, up from $3.2 billion the year before, an increase of $4.4 billion.
The main markets for Egypt’s non-oil exports were the UAE, Turkiye, and Saudi Arabia, along with Italy and the United States. Building materials led exports at $14.9 billion, followed by chemicals and fertilizers at $9.4 billion, and food industries at $6.8 billion.
The trade gains come amid improving investor sentiment. In October, S&P Global upgraded Egypt’s sovereign credit rating to “B” from “B-,” while Fitch Ratings reaffirmed its “B” rating, citing progress in economic reforms and improving macroeconomic stability. S&P highlighted the liberalization of the foreign exchange regime as a key factor enhancing competitiveness and supporting growth.
Prime Minister Mostafa Madbouly said the rating actions reflect international confidence in the government’s reform program and its expected economic returns.
Economic growth also improved during the period. The Ministry of Planning, Economic Development and International Cooperation said the economy grew 4.4 percent in fiscal year 2024/25, supported by a strong fourth quarter when growth reached 5 percent, the highest level in three years.
Officials said the more flexible exchange rate introduced in March 2024 helped stabilize the balance of payments, attract investment, and rebuild confidence in the economy.
