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Egypt's trade deficit widens to $4.6 billion in March 2026
via Egypt Today1 min read
Egypt's trade deficit expanded by 48.8 percent year-on-year in March 2026, reaching $4.6 billion, up from $3.1 billion in March 2025, according to the Central Agency for Public Mobilization and Statistics CAPMAS. Exports decreased by 2.5 percent to $4.6 billion in March 2026, compared to $4.8 billion in the previous year. This decline was primarily due to reduced exports of fertilizers, various food preparations, potatoes, and crude oil. Conversely, petroleum products, ready-made garments, fresh fruits, and plastics in primary forms saw increased exports. Imports rose by 17.8 percent to $9.3 billion in March 2026, from $7.9 billion a year prior. This increase was largely driven by higher imports of petroleum products, natural gas, crude oil, and wheat. However, imports of raw materials of iron or steel, corn, organic and inorganic chemicals, and pharmaceuticals and pharmaceutical preparations all declined.
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This summary was AI-generated from a story originally published by Egypt Today.
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