During the weekly cabinet meeting, Minister of Investment and External Trade Hassan ElKhatib said Egypt also recorded an eight percent increase in trade volume, reaching $107.6 billion from January to October 2025, the highest level in a decade.
The growth is attributed to higher investment rates and better use of production capacity.
Imports decreased by two percent during the same period, with 93 percent of the import structure from 2023 to 2025 consisting of locally produced and essential goods.
This trend reflects recent tax incentives that reduced production costs and boosted the competitiveness of Egyptian products, along with investments in the industry, tourism, agriculture, and communications and information technology sectors, aligning with Egypt's new economic narrative.
The government aims to boost total exports to $145 billion, increase the share of manufacturing in GDP to 20 percent, achieve seven percent real GDP growth, support foreign-currency inflows, and reduce pressure on public finances.
Non-oil exports rose by 19 percent, reaching $40.7 billion in the first 10 months of 2025, compared to the same period in 2024. Other exports showed an annual increase of 19 percent, reaching $6.5 billion over the same period.
During the first 11 months of 2025, Egypt’s non-oil exports increased by 18.4 percent to $44.4 billion, up from $37.5 billion in the same period of 2024, mainly driven by heavy industrial products, processed foods, and textiles.
At the beginning of 2025, Egypt set a goal to increase annual exports to $115.8 billion by 2030, lower than the $145 billion target announced in January 2024.
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