Egypt recorded a trade deficit of 3628 USD Million in February of 2019. Balance of Trade in Egypt averaged -826.47 USD Million from 1957 until 2019, reaching an all time high of 235.50 USD Million in January of 2004 and a record low of -5056.10 USD Million in August of 2014.

Balance of Trade in Egypt is expected to be -3424.93 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Egypt to stand at -2790.00 in 12 months time. In the long-term, the Egypt Balance of Trade is projected to trend around -2750.00 USD Million in 2020, according to our econometric models.

Egypt Balance of Trade
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Egypt Trade Last Previous Highest Lowest Unit
Balance of Trade -3628.00 -2787.00 235.50 -5056.10 USD Million [+]
Current Account -2100.00 -1751.10 1538.90 -5663.20 USD Million [+]
Current Account to GDP -2.40 -6.10 8.70 -8.50 percent [+]
Imports 6109.00 5117.00 7111.00 33.05 USD Million [+]
Exports 2481.00 2330.00 2991.20 12.63 USD Million [+]
External Debt 93130.70 92643.90 93130.70 26132.50 USD Million [+]
Foreign Direct Investment 2873.30 2920.10 5572.50 40.70 USD Million [+]
Capital Flows 228.10 1558.00 10682.60 -4588.40 USD Million [+]
Remittances 5909.00 7005.40 7098.90 655.20 USD Million [+]
Tourism Revenues 7.60 3.80 12.50 3.80 USD Billion [+]
Tourist Arrivals 1032.00 996.00 1486.00 57.00 Thousand [+]
Gold Reserves 78.40 78.30 78.40 75.58 Tonnes [+]
Crude Oil Production 635.00 641.00 930.00 560.00 BBL/D/1K [+]
Terrorism Index 7.35 7.17 7.35 0.04 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Egypt Balance of Trade

Egypt has been recording trade deficits since 2004, as imports have grown at a faster rate than exports, mostly due to a rise in petroleum and wheat imports. The major exports are oil and other mineral products, chemicals, agricultural products, livestock and textiles. Egypt imports mineral and chemical products, agricultural products, livestock and foodstuff, machinery and electrical equipment and base metals. Main trading partners are the European countries (38 percent of total exports and 31 percent of total imports) and the Arab countries (28 percent of exports and 13.5 percent of imports). Others include: United States, China and India. This page provides - Egypt Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3628.00 -2787.00 235.50 -5056.10 1957 - 2019 USD Million Monthly




Country Last Previous
Argentina 1183.00 Mar/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.71 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -2627773.00 Feb/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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