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Egypt’s Trade with G20 Nations Reaches $61 Billion in First Nine Months of 2024.


Cairo: Egypt’s trade with the G20 countries reached $61 billion in the first nine months of 2024, up from $55.6 billion during the same period in 2023, according to the latest data from the country’s official statistics agency, CAPMAS.

According to State Information Service Egypt, exports from Egypt to G20 nations totaled $14.4 billion, a slight decline from $14.9 billion in 2023. Italy was the leading importer of Egyptian goods, purchasing $2.9 billion worth, followed by Saudi Arabia with $2.4 billion, Turkey with $2.3 billion, the USA with $1.7 billion, the UK with $1.2 billion, France with $811 million, Germany with $717 million, Brazil with $585 million, Russia with $466 million, and India with $423 million.

Top exports included fuel, mineral oils, and refined products valued at $2.4 billion, vegetables and fruits at $1.7 billion, ready-made clothing at $1.5 billion, electrical appliances and equipment and their parts at $962 million, fertilisers at $961 million, plastics and products at $887 million,
and iron and steel at $830 million.

On the import side, Egypt’s purchases from G20 countries totaled $46.6 billion, up from $40.7 billion in 2023. China was Egypt’s largest supplier, with $11.3 billion in imports, followed by the USA with $5.2 billion, Saudi Arabia with $5.1 billion, Russia with $4.5 billion, Germany with $3.3 billion, Brazil with $2.9 billion, Italy with $2.6 billion, Turkey with $2.4 billion, India with $2.2 billion, and the UK with $1.5 billion.

Major imports included electrical and mechanical appliances and equipment at $8.2 billion, fuel, mineral oils, and their refined products at $6.9 billion, iron and steel and their products at $4.1 billion, grains at $3.4 billion, cars, tractors, motorcycles, and their parts at $2.7 billion, plastics and products at $2.5 billion, and chemical products at $1.7 billion.