Economy Politics Country 2025-12-15T22:19:44+00:00

Egypt Records Lowest Trade Deficit in a Decade

Egypt's Ministry of Investment and Foreign Trade announces the lowest trade deficit in a decade, driven by export growth and import reduction measures.


Egypt Records Lowest Trade Deficit in a Decade

Egypt's Ministry of Investment and Foreign Trade announced that the country has recorded the lowest trade deficit in the last ten years. This achievement is the result of targeted efforts to boost exports and reduce imports. According to the ministry, the trade deficit has significantly decreased due to the growth in exports of petroleum products, agricultural goods, and ready-made garments. At the same time, measures have been taken to limit the import of non-essential goods. It is expected that this positive trend will contribute to the strengthening of the national currency and attract additional foreign investments to the country's economy.