Egypt's non-oil exports rise 18% to $44.39bn through November 2025

Egypt’s non-oil exports grew by 18% to $44.392bn in the first 11 months of 2025, helping to narrow the trade deficit by 12% to $30.346bn. Imports rose modestly by 4% to $74.738bn during the same period. Minister of Investment and Foreign Trade Hassan El-Khatib reviewed these figures from the General Organisation for Export and Import Control.

Egypt's trade performance showed positive momentum in 2025, with non-oil exports reaching $44.392bn from January to November, an 18% increase from $37.544bn in the same period of 2024. This growth contributed to a 12% contraction in the trade deficit, which stood at $30.346bn compared to $34.421bn last year. Imports, meanwhile, increased by 4% to $74.738bn from $71.965bn.

The data comes from a report by the General Organisation for Export and Import Control, reviewed on Thursday by Minister Hassan El-Khatib. He emphasized the government's strategy to position Egypt among the top 50 global countries in trade indicators, aiming for $145bn in total exports long-term. "The ministry intends for Egypt to rank among the top 50 countries globally in trade indicators," El-Khatib stated, highlighting efforts to simplify procedures, reduce costs, and leverage international agreements while safeguarding local industries.

The United Arab Emirates led as the top market for Egyptian non-oil exports at $6.580bn, up 131% from $2.845bn in 2024. Turkey followed with $2.949bn (up 1%), Saudi Arabia at $2.755bn (down 11%), Italy with $2.552bn (up 29%), and the United States at $2.470bn (up 21%).

By sector, building materials dominated at $13.672bn, a 39% rise. Chemical products and fertilisers reached $8.560bn (up 8%), food industries $6.350bn (up 13%), and engineering goods $5.919bn (up 14%). Agricultural crops added $4.204bn. Other highlights included ready-made garments at $3.096bn (up 21%) and medical industries at $898m (up 26%). Only printing, packaging, paper, and books declined, by 2% to $855m.

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South Korea's exports rise 14.9% in first 20 days of January

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South Korea's exports expanded 14.9 percent year-on-year in the first 20 days of January, reaching $36.36 billion, fueled by strong semiconductor demand. Imports grew 4.2 percent to $36.98 billion, resulting in a $600 million trade deficit. Data from the Korea Customs Service underscores ongoing growth in key sectors.

The Central Agency for Public Mobilization and Statistics released its monthly Foreign Trade Data bulletin for October 2025, showing Egypt's trade deficit at $4.58bn, up 1.3% from the previous year. Exports fell 1.1% to $4.17bn, while imports edged up 0.18% to $8.75bn.

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Following his recent meeting with export councils, Prime Minister Mostafa Madbouly projected Egypt's non-oil exports to reach $48-50 billion by year-end—a 20% rise from 2024—while confirming the $145 billion total exports target by 2030 is achievable amid the lowest trade deficit in a decade.

Hassan El-Khatib, Egypt's Minister of Investment and Foreign Trade, announced that the country has shifted from a stability phase to execution in its economic reform program. He emphasized a new focus on enhancing competitiveness, fostering export-led growth, and attracting private investment. These remarks came during his participation in the Egypt Investment Forum organized by EFG Hermes.

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Building on recent statements at the Council of the Union of Arab Chambers of Commerce, Egypt's Finance Minister Ahmed Kouchouk highlighted further progress in fiscal policy during a dialogue session at the Bibliotheca Alexandrina. He announced increased budget allocations for industrial and export activities plus human development, while committing to facilitations that expand revenues without new burdens on investors or citizens.

Building on 10 million units produced in 2025, Egypt plans to manufacture 15 million mobile phones in 2026 and begin exporting to international markets, Communications Minister Amr Talaat announced in a speech to military attaches. This advances the ICT sector's transformation into a production powerhouse amid global competition in AI and semiconductors.

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Egypt's Minister of Petroleum and Mineral Resources Karim Badawi announced plans to drill 480 exploratory oil and gas wells with $5.7 billion in investments over the next five years. The initiative aims to reverse declining natural gas output and achieve crude oil self-sufficiency. Badawi spoke at the 9th Al-Ahram Energy Conference.

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