Egypt’s total trade deficit has also widened by 87.5 percent year-on-year to $5.1 billion in February 2026, up by $2.4 billion from $2.73 bilion in February 2025.
It’s worth noting that these figures reflect Egypt’s export performance before the US-Israel war on Iran and other regional conflicts, which have caused major spillover effects, including higher inflation, disrupted trade flows, foreign currency outflows, and currency pressure.
Imports, exports breakdown
Total exports reached almost $4.2 billion in February 2026, down $546 million from $4.71 billion in the same month in 2025. While total imports reached $9.3 billion in February 2026, rising by $1.83 billion from $7.4 bilion in February the year before.
Combined exports in January and February 2026 fell by $1.2 billion year-on-year to nearly $8 billion, down from $9.2 billion during the same period in 2025. Meanwhile, total imports rose by $2.2 billion to reach $18.3 billion in 2026, compared to $16.1 billion in 2025.
Non-petroleum exports during the first two months of 2026 reached $7.05 billion, declining by $1.5 billion from $8.5 billion recorded during the same period in 2025. Petroleum exports, however, rose to $716 million in January and February 2026, marking a $246 million increase from $470 million in 2025.
In addition, liquefied natural gas exports fell by $79 million to $90 million in 2026, compared to $169 million in 2025, while crude oil exports declined by $44 million to $106 million from $150 million in 2025.
As for imports, non-petroleum imports during January and February 2026 reached $15.1 billion, increasing by nearly $2 billion from $13.2 billion during the same period in 2025. Petroleum product imports, however, fell by $378 million to $1.25 billion, compared to $1.63 billion in 2025.
Natural gas imports during the period reached $1.51 billion in 2026, up by $329 million from $1.2 billion in 2025. Crude oil imports also increased by $309 million to $389 million in 2026, compared to $80 million in 2025.
Top traded commodities
Among Egypt’s top exported commodities during January and February 2026, finished goods ranked first at $4.5 billion, accounting for 56.4 percent of total exports. Raw materials followed at $1.3 billion, representing 16.7 percent of total exports.
Semi-manufactured goods reached $1.2 billion, making up 14.7 percent of exports, while fuel exports totaled $913 million, accounting for 11.5 percent. Raw cotton exports stood at $51 million, representing 0.6 percent of total exports.
Meanwhile, intermediate goods topped Egypt’s imports during January and February 2026, reaching $7.06 billion and accounting for nearly 38.6 percent of total imports. Fuel imports followed at almost $3.2 billion, representing 17.7 percent, while investment goods reached $2.7 billion, accounting for 14.6 percent.
Non-durable consumer goods amounted to $2.6 billion, making up 14.3 percent of total imports, while raw materials reached $1.9 billion, accounting for 10.6 percent. Durable consumer goods stood at $765 million, representing 4.2 percent of total imports.
Agricultural commodities
Top agricultural exports during January and February 2026 included fresh oranges valued at $348 million, followed by fresh tangerine hybrids at $146 million, potatoes at $106.4 million, fresh strawberries at $98 million, and other cotton products at $51.4 million.
Meanwhile, Egypt’s top agricultural imports during the same period included durum wheat valued at $638 million, followed by corn used in the feed industry at $523 million, soybeans at $351 million, fresh apples at $55.5 million, and broad beans at $37 million.
The top destinations for Egyptian exports during January and February 2026 were the United States, Italy, Saudi Arabia, Turkey, and Spain. Meanwhile, Egypt’s leading import partners over the same period were China, the United States, the UAE, Saudi Arabia, and the Russian Federation.
The International Monetary Fund warned that, although risks to the global trade outlook remain contained, prolonged conflicts could slow global trade, fuel commodity price volatility, and tighten financial conditions.
Egypt is also aiming to increase non-oil exports by 15 to 20 percent annually by 2030. However, the latest Purchasing Managers’ Index (PMI) showed that the country’s non-oil private sector continued to contract in April, as business activity declined at a sharper pace for the third consecutive month in 2026 amid escalating regional tensions.
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