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Egypt

Egypt ranked No. 53 in total trade value through October with a total of $6.33 billion. Exports totaled $4.25 billion and Imports totaled $2.08 billion, a surplus of $2.16 billion.

January – October 2018

Top Trading Ports

Total Trade: $6.33 billion

RankPortTotal YTD
1Port of New Orleans $928,038,972
2Port of Southern Louisiana, Gramercy, St. James Parish $772,381,580
3Port of Newark $731,188,584
4Port of Houston $717,242,694
5Port of Savannah, Ga. $504,289,148
6Port of Virginia $379,790,955
7Port of Corpus Christi, Texas $187,136,795
8Port of Greater Baton Rouge, La. $149,935,039
9Port of New York $147,193,529
10John F. Kennedy International Airport $132,644,336

U.S. trade with Egypt rose to $6.33 billion through October

Egypt’s trade with the United States rose to $6.33 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 34.49 percent above its total trade during the same time period last year. Egypt’s exports increased 27.33 percent while imports rose 51.89 percent. The U.S. surplus with Egypt was $2.16 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Southern Louisiana, Gramercy, St. James Parish; No. 3 Port of Newark; No. 4 Port of Houston; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five were No. 1 Port of New Orleans No. 2 Port of Houston No. 3 Port of Newark No. 4 Port of Virginia and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 57.71 percent of Egypt’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans rose 51.66 percent to $928.04 million.
    Exports rose 62.85 percent to $879.21 million. Imports fell 32.2 percent to $48.83 million.
  • Trade with No. 2 Port of Southern Louisiana, Gramercy, St. James Parish rose 457.96 percent to $772.38 million.
    Exports rose 491.38 percent to $735.1 million. Imports rose 163.92 percent to $37.28 million.
  • Trade with No. 3 Port of Newark rose 40.99 percent to $731.19 million.
    Exports rose 70.3 percent to $118.23 million. Imports rose 36.47 percent to $612.96 million.
  • Trade with No. 4 Port of Houston rose 24.82 percent to $717.24 million.
    Exports rose 13.68 percent to $542.91 million. Imports rose 79.66 percent to $174.33 million.
  • Trade with No. 5 Port of Savannah, Ga. rose 25.44 percent to $504.29 million.
    Exports rose 24.72 percent to $216.82 million. Imports rose 26 percent to $287.47 million.

Egypt ranked No. 53 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 58.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Egypt by value through October were the categories of Soybeans; Corn; Coal, briquettes; Scrap iron, steel; and Petroleum gases, other gaseous hydrocarbons, respectively. They accounted for 45.76 percent of total exports to Egypt.

The value of the top five categories of U.S. imports from Egypt –– Oil; Gasoline, other fuels; Men’s or boys’ slacks, suits, not knit; Sweaters, pullovers, vests, knit or crocheted; and Women’s or girls’ suits, not knit –– accounted for 52.49 percent of all inbound shipments.

Looking more closely at U.S. exports to Egypt:

  • Soybeans rose 250.97 percent compared to last year to $1.02 billion.
  • Corn rose 998.58 percent compared to last year to $321.67 million.
  • Coal, briquettes rose 73.04 percent compared to last year to $224.99 million.
  • Scrap iron, steel rose 116.15 percent compared to last year to $213.04 million.
  • Petroleum gases, other gaseous hydrocarbons rose 10.28 percent compared to last year to $167.87 million.

Looking more closely at U.S. imports from Egypt:

  • Oil rose 299.28 percent compared to last year to $426.87 million.
  • Gasoline, other fuels rose 774.45 percent compared to last year to $263.86 million.
  • Men’s or boys’ slacks, suits, not knit rose 6.94 percent compared to last year to $164.75 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 33.42 percent compared to last year to $128.71 million.
  • Women’s or girls’ suits, not knit rose 1.6 percent compared to last year to $109.59 million.

In the latest annual figures available, Egypt recorded $5.62 billion in trade with the United States. At year’s end, its were New York City; New Orleans; Houston; Atlanta/Savannah; and Norfolk. Total U.S. exports to Egypt were $ 3.98 billion and imports from Egypt were $1.64 billion. The U.S. surplus with Egypt was $2.35 billion.