Egyptian exports to BRICS nations record $905M in 2024

CAIRO – 12 June 2025: Since joining the BRICS bloc, Egypt has experienced remarkable growth in its trade and investment relations with member countries.

In 2024 alone, Egyptian exports to BRICS nations rose by 31.5 percent year-on-year, reaching $905 million, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

Meanwhile, imports from BRICS countries surged by 40.1 percent—rising from $2.41 billion to $3.376 billion between January and December 2024.

This rapid expansion signals Egypt’s strengthening economic integration with the bloc since its accession.

Looking at the broader picture over the last decade—from fiscal year 2013/2014 to 2023/2024—Egypt’s total imports from BRICS countries increased significantly, climbing from $17.9 billion to $32.8 billion, marking a jump of 82.6 percent.

 Exports during the same period grew from $6.3 billion to $8.7 billion, an increase of 38.5 percent.

This upward trend reinforces the strategic role BRICS plays in Egypt’s global trade outlook.

Among BRICS partners, China has emerged as Egypt’s leading source of imports. Between 2013/2014 and 2023/2024, imports from China nearly doubled—from $6.8 billion to $13.3 billion, reflecting a 96.4 percent rise.

On the export front, Saudi Arabia holds the top position, with Egyptian exports to the Kingdom growing from $1.9 billion to $2.9 billion—an increase of 51.5 percent.

Egypt’s main exports to BRICS countries include fertilizers, fuel and mineral oils, chemicals, as well as a variety of agricultural products like fruits, vegetables, oilseeds, and processed foods. On the import side, Egypt brings in grains, petroleum products, plastics, electrical machinery, vehicles and parts, in addition to raw materials like metal ores and ash.

Investment flows have also intensified. In fiscal year 2022/2023, BRICS countries invested a total of $4.4 billion in Egypt, with Saudi Arabia being the largest investor among the group.

Overall, Egypt’s engagement with BRICS is proving to be a key driver of its international trade and investment agenda.

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