Egypt trade deficit widens 48.8 percent to 4.6 billion dollars in March

Egypt's trade deficit widened 48.8 percent year on year to 4.6 billion dollars in March 2026, compared with 3.1 billion dollars in the same month of 2025.

The Central Agency for Public Mobilization and Statistics released its Monthly Foreign Trade Data bulletin showing Egyptian exports fell 2.5 percent to 4.6 billion dollars. Imports rose 17.8 percent to 9.3 billion dollars driven by higher inflows of petroleum products, natural gas, crude oil and wheat. Some export categories grew including petroleum products which increased 68.4 percent and fresh fruits which rose 30.3 percent while fertilizer and potato shipments declined.

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Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) reported that the trade deficit widened to $4.8bn in January 2026, a 15% increase from $4.2bn in January 2025. The rise was driven by a 20.3% drop in exports to $3.6bn, while imports fell 3.2% to $8.4bn.

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Egypt’s current account deficit narrowed by 13.6% to $9.5bn in the first half of fiscal year 2025/26, driven by a 29.6% surge in remittances to $22.1bn, Central Bank of Egypt data shows. Tourism and Suez Canal revenues also boosted the services surplus.

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Finance Minister Ahmed Kouchouk announced EGP 80bn allocated in the FY2026/2027 budget for programs supporting production, manufacturing, entrepreneurship, and exports. The allocation includes EGP 48bn for export rebate schemes and EGP 6.7bn for the tourism sector. Presenting the draft budget to parliament, he projected public revenues at EGP 4trn.

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