Egypt recorded a trade deficit of 3776 USD Million in November of 2018. Balance of Trade in Egypt averaged -815.97 USD Million from 1957 until 2018, 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 -2620.00 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 -2800.00 in 12 months time. In the long-term, the Egypt Balance of Trade is projected to trend around -2700.00 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 -3776.00 -4565.00 235.50 -5056.10 USD Million [+]
Current Account -1751.00 -642.20 1538.90 -5549.00 USD Million [+]
Current Account to GDP -6.50 -6.00 8.70 -8.50 percent [+]
Imports 6106.00 6989.00 7111.00 33.05 USD Million [+]
Exports 2329.00 2424.00 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 1558.00 2951.90 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 1101.00 855.00 1486.00 57.00 Thousand [+]
Gold Reserves 78.30 78.30 78.30 75.58 Tonnes [+]
Crude Oil Production 635.00 560.00 930.00 560.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3776.00 -4565.00 235.50 -5056.10 1957 - 2018 USD Million Monthly




Country Last Previous
Argentina 372.00 Jan/19
Australia 3681.00 Dec/18
Brazil 2190.00 Jan/19
Canada -2060.10 Nov/18
China 391.60 Jan/19
Euro Area 16990.70 Dec/18
France -4653.00 Dec/18
Germany 13900.00 Dec/18
India -14730.00 Jan/19
Indonesia -1159.50 Jan/19
Italy 3658.00 Dec/18
Japan -1415.36 Jan/19
Mexico 1836.32 Dec/18
Netherlands 3572.00 Dec/18
Russia 18856.00 Dec/18
Saudi Arabia 184673.00 Sep/18
Singapore 2415.21 Jan/19
South Africa 17167.41 Dec/18
South Korea 1336.00 Jan/19
Spain -3247399.00 Dec/18
Switzerland 1388.18 Jan/19
Turkey -2674.41 Dec/18
United Kingdom -3229.00 Dec/18
United States -49313.00 Nov/18


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