Exports in Egypt increased to 2391 USD Million in October from 2367 USD Million in September of 2019. Exports in Egypt averaged 633.62 USD Million from 1957 until 2019, reaching an all time high of 3063.40 USD Million in December of 2009 and a record low of 12.63 USD Million in July of 1959. source: Central Agency for Public Mobilization and Statistics
Exports in Egypt is expected to be 2680.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Egypt to stand at 2890.00 in 12 months time. In the long-term, the Egypt Exports is projected to trend around 3000.00 USD Million in 2020, according to our econometric models.
In Egypt, exports account for about a quarter of GDP. The major exports are oil and other mineral products (32 percent of total exports), chemical products (12 percent), agricultural products, livestock and others fats (11 percent) and textiles (10.5 percent, mainly cotton). Other exports include: base metals (5.5 percent), machinery and electrical appliances (4.5 percent) and foodstuff, beverages and tobacco (4 percent). Major export partners are Italy, Spain, France, Saudi Arabia, India and Turkey. Others include: United States, Brazil and Argentina.