The Central Agency for Public Mobilisation and Statistics (CAPMAS) explained thatthis improvement is primarily attributed to a rise in the value of Egyptian exports
Egypt’s merchandise trade gap narrowed sharply in February 2025, falling to US$2.33 billion from US$3.28 billion a year earlier. According to the Central Agency for Public Mobilisation and Statistics (CAPMAS), this constitutes a 29.1 per cent improvement, as reported by Sada El-Balad, a partner of TV BRICS.
The improvement was largely driven by a 24.1 per cent surge in export values, which climbed from US$3.57 billion in February 2024 to US$4.43 billion last month. Key export categories included readymade garments (30.6 per cent increase), petroleum products (12.2 per cent increase), pastes and various food preparations (9.3 per cent increase), primary plastics (3.4 per cent increase).
On the import side, the total value decreased by 1.4 per cent to US$6.76 billion in February 2025, compared to US$6.85 billion in the same month of the previous year. As for the rise in imports, strategic commodities included natural gas (150.6 per cent increase), maize (40.8 per cent increase), soybeans (12.9 per cent increase), and petroleum products (12.6 per cent increase).
Imports of other commodities decreased, including wheat by 13.2 per cent, iron and steel raw materials by 33.7 per cent, medicines and pharmaceuticals by 2.9 per cent, and plastics in their primary forms by 6.8 per cent.
CAPMAS emphasised that the marked export upturn is a positive indicator for Egypt’s external accounts and is expected to help narrow the overall trade gap and support broader macroeconomic stability in the coming months.
Photo: iStock
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