Afreximbank: Egypt’s Surging Trade Volume and Diversification Boost Appeal for Export-Oriented Investments
The African Export-Import Bank (Afreximbank) has affirmed that the substantial volume of Egypt's trade and its diverse product base significantly bolster the nation's attractiveness for export-oriented investments. This positive outlook is supported by an anticipated expansion in foreign trade and a growing diversification of destination markets for Egyptian exports in the coming years.
According to the bank's recently issued report, titled "Egypt Brief," the total volume of Egypt’s trade in goods and services experienced notable growth, rising from $120.8 billion in 2018 to $150.8 billion in 2024.
Trade Growth Projections
The report forecasts a continued upward trajectory for Egypt's foreign trade over the next few years, detailing the following projected milestones:
YearProjected Total Trade Volume (Goods & Services)
2025$180.5 Billion
2026$197.3 Billion
2027$212.6 Billion
Top Destinations for Egyptian Exports
The report also provided a breakdown of the primary markets receiving Egyptian exports during 2025. The balanced distribution across multiple key markets reduces Egypt's reliance on any single export destination and reinforces its strategic role across various international trade corridors.
The top five export destinations are:
United Arab Emirates (UAE): 11.4%
Italy: 7.3%
United States of America (USA): 6.4%
Turkey: 5.9%
Saudi Arabia: 5.8%
Afreximbank concluded that the combination of massive trade volumes, product variety, and market diversification solidifies Egypt's standing as a prime destination for export-driven capital. Furthermore, these factors enhance the country's capacity to scale its foreign trade operations and effectively serve a wide array of regional and international markets.