Egypt
U.S.-Egypt Trade Facts
Egypt is currently our 53rd largest goods trading partner with $8.2 billion in total (two way) goods trade during 2011. Goods exports totaled $6.2 billion; Goods imports totaled $2.1 billion. The U.S. goods trade surplus with Egypt was $4.1 billion in 2011.
Exports
Egypt was the United States' 39th largest goods export market in 2011.
U.S. goods exports to Egypt in 2011 were $6.2 billion, down 9.5% ($652 million) from 2010, but up 86% from 2000.
The top export categories (2-digit HS) in 2011 were: Cereals (wheat and corn) ($1.5 billion), Mineral Fuel and oil ($598 million), Machinery ($571 million), Aircraft ($470 million), and Iron and Steel Products ($414 million).
U.S. exports of agricultural products to Egypt totaled $2.5 billion in 2011, the 9th largest U.S. Ag export market. Leading categories include: wheat ($808 million), coarse grains ($706 million), and soybeans ($301 million).
Imports
Egypt was the United States' 70th largest supplier of goods imports in 2011.
U.S. goods imports from Egypt totaled $2.1 billion in 2011, a 8.0% decrease ($180 million) from 2010, but up 132% from 2000.
The five largest import categories in 2011 were: Woven Apparel ($503 million), Knit Apparel ($400 million), Mineral Fuel and Oil (natural gas and oil) ($356 million), Fertilizers ($264 million), and Textile Coverings ($121 million).
U.S. imports of agricultural products from Egypt totaled $93 million in 2011. Leading categories include: processed fruit and vegetables ($34 million) and spices ($22 million).
Trade Balance
The U.S. goods trade surplus with Egypt was $4.1 billion in 2011, a 10.3% decrease ($473 million) over 2010.
Historical Trade Data
U.S. Goods Trade with Egypt (in billions of dollars)
|
1980 |
1985 |
1990 |
1994 |
2000 |
2008 |
2009 |
2010 |
2011 |
Balance |
1.4 |
2.2 |
1.9 |
2.3 |
2.4 |
3.6 |
3.2 |
4.6 |
4.1 |
Exports |
1.9 |
2.3 |
2.2 |
2.9 |
3.3 |
6.0 |
5.3 |
6.8 |
6.2 |
Imports |
0.5 |
0.1 |
0.4 |
0.5 |
0.9 |
2.4 |
2.1 |
2.2 |
2.1 |
Investment
U.S. foreign direct investment (FDI) in Egypt (stock) was $11.7 billion in 2010 (latest data available), a 28.4% increase from 2009.
Egypt FDI in the United States (stock) was not available in 2010.