Egypt's non-oil exports rose 19 per cent to $40.614 billion in the first ten months of 2025, while the trade deficit fell 16 per cent to $26.322 billion, the Ministry of Investment and Foreign Trade said Sunday. Minister Hassan El-Khatib reviewed the latest figures from the General Authority for Export and Import Control (GOEIC), which showed October exports reached $3.835 billion, up 1 per cent from $3.788 billion a year earlier, while imports declined to $7.009 billion from $7.280 billion, a 4 per cent decrease. The ministry said its strategy focuses on an open and flexible trade policy to enhance competitiveness, boost value-added exports, and reduce the trade deficit by linking investment with trade. It also aims to protect domestic products under international agreements, expand into new markets through balanced trade deals, and leverage free trade agreements with regional and global partners. The top destinations for Egyptian non-oil exports from January to October were the United Arab Emirates at $6.328 billion, up 142 per cent from last year; Italy at $2.363 billion, up 28 per cent; the United States at $2.264 billion, up 21 per cent; Türkiye at $2.652 billion, up 2 per cent; and Saudi Arabia at $2.520 billion, down 11 per cent. Exports to these five markets rose 37 per cent to $16.127 billion. Key export sectors included construction materials ($12.798 billion), chemicals and fertilisers ($7.720 billion), food industries ($5.766 billion), engineering and electronics goods ($5.323 billion), and ready-made garments ($2.808 billion). Other notable sectors included textiles, medical industries, furniture and furnishings, printing and packaging, agricultural produce, and leather products. Attribution: Amwal Al Ghad English Subediting: Y.Yasser
