Egypt

In 2013, the value of merchandise exports of Egypt decreased slightly by 2.2 percent to reach 28.8 bln US$, while its merchandise imports decreased slightly by 4.6 percent to reach 66.7 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 37.9 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -13.7 bln US$ (see graph 4). Merchandise exports in Egypt were diversified amongst partners; imports were also diversified. The top 25 partners accounted for 80 percent or more of exports and 22 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Egypt increased substantially by 13.7 percent, reaching 21.8 bln US$, while its imports of services increased substantially by 16.9 percent and reached 16.5 bln US$ (see graph 2). There was a moderate trade in services surplus of 5.3 bln US$. See footnote.

Related Subject(s): International Trade and Finance

Countries: Egypt