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U.S.-Egypt Trade Facts
In 2018, Egypt GDP was an estimated $249.6 billion (current market exchange rates); real GDP was up by an estimated 5.3%; and the population was 97 million. (Source: IMF)
Egypt is currently our 53rd largest goods trading partner with $7.5 billion in total (two way) goods trade during 2018. Goods exports totaled $5.1 billion; goods imports totaled $2.5 billion. The U.S. goods trade surplus with Egypt was $2.6 billion in 2018.
According to the Department of Commerce, U.S. exports of Goods to Egypt supported an estimated 25 thousand jobs in 2015 (latest data available).
- Egypt was the United States' 45th largest goods export market in 2018.
- U.S. goods exports to Egypt in 2018 were $5.1 billion, up 26.7% ($1.1 billion) from 2017 but down 15.8% from 2008.
- The top export categories (2-digit HS) in 2018 were: miscellaneous grain, seeds, fruit (soybeans) ($1.2 billion), mineral fuels ($640 million), machinery ($485 million), cereals (corn) ($348 million), and iron and steel ($265 million).
- U.S. total exports of agricultural products to Egypt totaled $1.9 billion in 2018, our 16th largest agricultural export market. Leading domestic export categories include: soybeans ($1.2 billion), corn ($320 million), other feeds & fodders ($84 million), beef & beef products ($66 million), and cotton ($55 million).
- Egypt was the United States' 65th largest supplier of goods imports in 2018.
- U.S. goods imports from Egypt totaled $2.5 billion in 2018, up 51.6% ($845 million) from 2017, and up 4.7% from 2008.
- The top import categories (2-digit HS) in 2018 were: mineral fuels ($823 million), knit apparel ($454 million), woven apparel ($384 million), carpets and other textile coverings ($127 million), and iron and steel ($97 million).
- U.S. total imports of agricultural products from Egypt totaled $133 million in 2018. Leading categories include: processed fruit & vegetables ($49 million), spices ($31 million), essential oils ($17 million), fruit & vegetable juices ($10 million), and tea, incl herb ($4 million).
The U.S. goods trade surplus with Egypt was $2.6 billion in 2018, a 9.3% increase ($220 million) over 2017.
U.S. foreign direct investment (FDI) in Egypt (stock) was $9.4 billion in 2017, a 25.5% decrease from 2016. U.S. direct investment in Egypt is led by wholesale trade, information services, and finance and insurance.
No data on Egypt's FDI in the U.S. are available. There is no information on the distribution of Egypt FDI in the U.S.
Sales of services in Egypt by majority U.S.-owned affiliates were $1.1 billion in 2016 (latest data available), while sales of services in the United States by majority Egypt-owned firms were $5 million.
NOTE: No Services trade data with Egypt are available