Egypt’s trade policy targets $145b in exports by 2030

Egypt plans to ramp up exports to $145 billion by 2030, under a draft trade policy unveiled by Investment and Foreign Trade Minister Hassan El‑Khatib at Thursday’s Cabinet meeting chaired by Prime Minister Moustafa Madbouly.

El‑Khatib said the strategy centres on value‑added sectors, increased integration into global value chains, and positioning Egypt as a trade hub for the region. He noted that the policy aligns with Egypt Vision 2030, supports economic reform, and merges investment and trade into a unified framework.

The proposal seeks to lower the trade deficit by expanding exports and strengthening local manufacturing, while avoiding import or production constraints that could stymie growth. It emphasises investment-led export capacity, enabling Egypt’s shift towards regional leadership in industry and services for foreign markets.

El‑Khatib also said the policy framework would deploy regulated trade tools—consistent with World Trade Organisation rules—to counter unfair practices, while prioritising exports to key markets and improving procedural efficiency rather than overusing restrictive trade measures.

He stressed the intent to build an open, flexible trade regime that enhances competitiveness, maximises value‑added exports, protects domestic industries under global standards, and secures new markets through balanced trade agreements.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser