Egypt’s exports to BRICS countries rose 31.5% to $905 million in 2024, while imports grew 40.1% to $3.376 billion. Key exports include chemicals, fuels, and agricultural products; imports are mainly grains, fuels, plastics, and machinery. BRICS investments in Egypt reached $4.4 billion in 2022/23, led by Saudi Arabia.
Egypt’s exports to BRICS countries reached $905 million in 2024, marking a 31.5% increase compared to the previous year. This growth began after Egypt joined the BRICS bloc and reflects a notable expansion in trade relations between Egypt and these economies. Meanwhile, Egypt’s imports from BRICS rose by 40.1% to $3.376 billion, indicating strengthened two-way economic ties.
The main Egyptian exports to BRICS include inorganic chemical products and fertilizers, fuels and mineral oils, as well as fruits and vegetables. On the import side, Egypt primarily brings in grains, fuels and related products, plastics, and electrical machinery. This diverse mix illustrates a balanced and multifaceted trade relationship between Egypt and BRICS countries.
Additionally, BRICS investments in Egypt totaled $4.4 billion during the 2022/23 fiscal year, with Saudi Arabia being the largest investor. These investments have contributed to infrastructure development and economic growth in Egypt, further deepening economic cooperation at a higher level.