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Egyptian Gazette
Home Business

Khatib: Non-oil exports grow 19%, trade deficit falls 16% over 10 months

by Gazette Staff
November 23, 2025
in Business
Khatib: Non-oil exports grow 19%, trade deficit falls 16% over 10 months 1 - Egyptian Gazette
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CAIRO – Egypt’s foreign trade indicators continued to improve in 2025, with exports rising and imports declining, Investment and Foreign Trade Minister Hassan el-Khatib said Sunday.

October exports increased 1% year-on-year to 3.84 billion, while imports fell 4% to 7.01 billion, narrowing the monthly trade deficit.

Non-oil exports for January-October jumped 19% to dlrs 40.6 billion, and the trade deficit shrank 16% to dlrs 26.3 billion, according to a statement by the General Organisation for Export and Import Control (GOEIC).

The minister said the government is pursuing an open, flexible trade policy aimed at boosting value-added exports, protecting local industry under international agreements and expanding access to new markets, the statement said.

The UAE became top destination for Egyptian non-oil exports in the first ten months of 2025, soaring 142% to dlrs 6.33 billion. It was followed by Turkey (dlrs 2.65 billion), Saudi Arabia (dlrs 2.52 billion), Italy (dlrs 2.36 billion), and the US (dlrs 2.26 billion) it added.

Key non-oil export sectors included building materials, chemicals, fertilizers, food industries, engineering and electronics, as well as agricultural products, garments, textiles, medical industries, printing and packaging, furnishings and leather goods, read the statement . 

Tags: Egyptforeign tradeInvestment
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