Egypt–Spain trade hits $1.5b in H1 2025 – CAPMAS

Trade between Egypt and Spain fell slightly to $1.5 billion in the first half of 2025 from $1.6 billion a year earlier, the country’s official statistics agency CAPMAS said on Wednesday.

The data release coincides with a visit by Spain’s King Felipe VI and Queen Letizia to Egypt, aimed at boosting bilateral ties, and ahead of the Egyptian-Spanish Business Forum in Cairo.

Egypt’s exports to Spain dropped to $712 million from $803.1 million, led by declines in fertilisers, garments and agricultural products. Imports from Spain rose to $802 million from $782.6 million, driven by copper, electrical machinery, vehicles, pharmaceuticals and steel.

Egyptian exports to Spain recorded $712 million, down from $803.1 million a year earlier, while imports rose to $802 million from $782.6 million. Key exports included fertilisers ($105 million), ready-made garments ($102 million), vegetables and fruits ($73 million), plastics ($60.4 million), and mineral fuels ($42.7 million).

Major imports from Spain included copper ($133.9 million), electrical machinery ($105.6 million), vehicles and tractors ($74.3 million), pharmaceuticals ($61 million), and iron and steel ($47.4 million).

Spanish investments in Egypt edged down to $61.4 million in the first half of fiscal 2024/25 from $62.2 million a year earlier, while Egyptian investments in Spain slipped to $28.9 million from $38.1 million.

Remittances from Egyptian workers in Spain increased to $21.6 million in 2023/24, while transfers from Spaniards working in Egypt totalled $4.9 million, CAPMAS said.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser