Egypt Today: Egypt’s trade deficit narrowed significantly in February 2025, falling to $2.33 billion compared to $3.28 billion in the same month of the previous year—marking a 29.1 percent decrease, according to the latest figures from the Central Agency for Public Mobilization and Statistics (CAPMAS).
The improvement was largely driven by a strong export performance. Total exports rose by 24.1 percent year-on-year, reaching $4.43 billion in February 2025, up from $3.57 billion a year earlier. Key contributors to this growth included ready-made garments (up 30.6 percent), petroleum products (up 12.2 percent), various food preparations and pasta (up 9.3 percent), and raw plastics (up 3.4 percent).
However, not all sectors experienced growth. Exports of fresh fruits dropped by 9.9 percent, fertilizers by 17.2 percent, potatoes by 5.2 percent, and iron and its derivatives by 32.3 percent.
On the import side, total imports dipped by 1.4 percent, recording $6.76 billion in February 2025 versus $6.85 billion in February 2024. Despite this overall decline, imports of some goods saw notable increases—such as petroleum products (up 12.6 percent), natural gas (up 150.6 percent), corn (up 40.8 percent), and soybeans (up 12.9 percent).
Meanwhile, imports of wheat fell by 13.2 percent, raw iron or steel materials by 33.7 percent, pharmaceuticals by 2.9 percent, and raw plastics by 6.8 percent.
https://www.egypttoday.com/Article/3/140115/Egypt%E2%80%99s-Trade-Deficit-Shrinks-by-29-1-Percent-in-February
