Egypt trade deficit reaches $7.5 billion in June

Egypt's trade deficit widened by 58.5% year-on-year to $7.5 billion in June 2026, as imports rose to $12.4 billion, outpacing a 37.4% increase in exports which reached $5 billion. According to CAPMAS, the export growth was driven by petroleum products (+128%), fresh fruit (+77.1%), and ready-made garments (+47.7%). Import growth was largely fueled by crude oil (+141%) and plastics (+41.6%).

In the banking sector, the Central Bank of Egypt reported that net foreign assets rose to $28.418 billion in July 2026. The US dollar exchange rate against the Egyptian pound averaged approximately EGP 51.19 in July.

Currency markets show the Egyptian pound remains relatively stable, with the US dollar trading near the EGP 50.80 to EGP 51.17 range across various major banks including the National Bank of Egypt and CIB. Meanwhile, the Financial Regulatory Authority has issued a new integrated guide for consumer finance activities to unify regulatory frameworks in the country.