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Egypt

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U.S.-Egypt Trade Facts

In 2016, Egypt GDP was an estimated $332.3 billion (current market exchange rates); real GDP was up by an estimated 4.3%; and the population was 90 million. (Source: IMF)

Egypt is currently our 57th largest goods trading partner with $5.6 billion in total (two way) goods trade during 2017. Goods exports totaled $4.0 billion; goods imports totaled $1.6 billion. The U.S. goods trade surplus with Egypt was $2.4 billion in 2017.

According to the Department of Commerce, U.S. exports of Goods to Egypt supported an estimated 25 thousand jobs in 2015 (latest data available).

Exports

  • Egypt was the United States' 47th largest goods export market in 2017.

  • U.S. goods exports to Egypt in 2017 were $4.0 billion, up 14.6% ($507 million) from 2016 but down 24.1% from 2007.  

  • The top export categories (2-digit HS) in 2017 were: aircraft ($674 million), mineral fuels ($549 million), machinery ($463 million), miscellaneous grain, seeds, fruit (soybeans) ($378 million), and electrical machinery ($226 million).

  • U.S. total exports of agricultural products to Egypt totaled $774 million in 2017. Leading domestic export categories include: soybeans ($364 million), beef & beef products ($72 million), feeds & fodders nesoi ($70 million), vegetable oils (ex. soybean) ($48 million), and cotton ($36 million).

Imports

  • Egypt was the United States' 67th largest supplier of goods imports in 2017.

  • U.S. goods imports from Egypt totaled $1.6 billion in 2017, up 9.6% ($144 million) from 2016, but down 31.1% from 2007.  

  • The top import categories (2-digit HS) in 2017 were: knit apparel ($380 million), woven apparel ($348 million), mineral fuels ($192 million), carpets and other textile coverings ($130 million), and iron and steel ($101 million).

  • U.S. total imports of agricultural products from Egypt totaled $118 million in 2017. Leading categories include: processed fruit & vegetables ($37 million), spices ($29 million), essential oils ($13 million), fruit & vegetable juices ($10 million), and tea, incl herb ($4 million).

Trade Balance

  • The U.S. goods trade surplus with Egypt was $2.4 billion in 2017, a 18.2% increase ($363 million) over 2016.

Investment

  • 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 2015 (latest data available), while sales of services in the United States by majority Egypt-owned firms were $4 million.

NOTE: No Services trade data with Egypt are available