Abdel Aziz El-Sherif, Head of the Egyptian Commercial Service (ECS) and Minister Plenipotentiary for Commercial Affairs, told the media that trade between Egypt and the United States reached USD 5.6 billion in the first half of 2025, a 14% year-on-year increase.
In a meeting held to follow up on economic, trade, and investment cooperation between the two countries, the senior official further explained that significant opportunities exist to expand Egyptian exports to the American market, given the strong trade capabilities of companies in various sectors. The meeting was attended by the new Commercial Counsellor of the United States, Paul Oliva, along with Jennifer Patterson, responsible for the trade and investment portfolio at the Economic Office of the US Embassy in Cairo.
The minister’s comments align with the fact that trade between Egypt and the world’s largest economy reached the USD 8.6 billion mark in 2024, including USD 2.5 billion in Egyptian exports. It also aligns with the North African country’s trade deficit, narrowing 16% to USD 26.3 billion till October 2025, supported by strong non-oil export growth.
The newly released statement from the bilateral meeting said, “El-Sherif emphasised that the meeting comes at a time when Egyptian-American relations are witnessing growing momentum and noticeable development across various economic and investment fields. He noted the mutual aspiration to capitalise on this momentum to increase trade volumes and boost US investments in the Egyptian market. El-Sherif also noted that US investments in Egypt reached USD 9.44 billion, with an American equity contribution of USD 2.47 billion as of the end of February 2025. These investments are spread across 2,016 companies operating in sectors such as finance, industry, services, and construction, as well as Information and Communications Technology, tourism, and agriculture.”
El-Sherif further went on to highlight that the ECS is developing a detailed plan to boost and double trade and investment between the two nations in the near future. The strategy emphasises leveraging trade agreements, apart from highlighting key investment prospects in advanced technologies, renewable energy, supply chains, and export-driven sectors.
Another aspect of the plan is also to deepen ties between the business sectors of both nations, while encouraging more American firms to invest in Egypt, capitalising on the North African country’s strategic position and its unique advantages as a regional market.