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Egypt

Egypt ranked No. 46 in total trade value through August with a total of $6.15 billion. Exports totaled $3.95 billion and Imports totaled $2.2 billion, a surplus of $1.75 billion.

January – August 2019

Top Trading Ports

Total Trade: $6.15 billion

RankPortTotal YTD
1Port of Everett, Wash. $740,197,254
2Port of Newark $676,483,855
3Port of New Orleans $615,478,531
4Port of Houston $482,656,170
5Port of Corpus Christi, Texas $437,290,778
6Port of Savannah, Ga. $420,950,805
7Port of Virginia $361,846,818
8Port of Southern Louisiana, Gramercy, St. James Parish $322,921,960
9Seattle-Tacoma International Airport $154,428,043
10Port of Baltimore, Md. $132,937,536

U.S. trade with Egypt rose to $6.15 billion through August

Egypt’s trade with the United States rose to $6.15 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 18.8 percent above its total trade during the same time period last year. U.S. exports to Egypt increased 12.87 percent while U.S. imports from Egypt rose 31.17 percent. The U.S. surplus with Egypt was $1.75 billion.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Everett, Wash.; No. 2 Port of Newark; No. 3 Port of New Orleans; No. 4 Port of Houston; and No. 5 Port of Corpus Christi, Texas. During the same period the previous year, the top five were No. 1 Port of New Orleans No. 2 Port of Newark No. 3 Port of Houston No. 4 Port of Southern Louisiana, Gramercy, St. James Parish and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 48.01 percent of Egypt’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Everett, Wash. totaled $740.2 million.
    Exports totaled $740.2 million. There were no imports.
  • Trade with No. 2 Port of Newark rose 6.92 percent to $676.48 million.
    Exports fell 50.12 percent to $55.17 million. Imports rose 19 percent to $621.31 million.
  • Trade with No. 3 Port of New Orleans fell 23.32 percent to $615.48 million.
    Exports fell 31.06 percent to $530.14 million. Imports rose 153.61 percent to $85.34 million.
  • Trade with No. 4 Port of Houston fell 17.65 percent to $482.66 million.
    Exports fell 13.06 percent to $398.46 million. Imports fell 34.12 percent to $84.19 million.
  • Trade with No. 5 Port of Corpus Christi, Texas rose 402.11 percent to $437.29 million.
    Exports rose 944.44 percent to $30.57 million. Imports rose 383.25 percent to $406.72 million.

Egypt ranked No. 46 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 53.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Egypt by value through August were the categories of Civilian aircraft, parts; Soybeans; Coal, briquettes; Wheat; and Polymers of vinyl chloride, respectively. They accounted for 52.69 percent of total exports to Egypt.

The value of the top five categories of U.S. imports from Egypt –– Gasoline, other fuels; Oil; Men’s or boys’ slacks, suits, not knit; Sweaters, pullovers, vests, knit or crocheted; and Collectors items of historic or botanic interest –– accounted for 53.86 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 860.68 percent compared to last year to $964.57 million.
  • Soybeans fell 30.34 percent compared to last year to $567.01 million.
  • Coal, briquettes rose 22.65 percent compared to last year to $248.49 million.
  • Wheat totaled $162.42 million. The previous year, there were no exports in this category.
  • Polymers of vinyl chloride rose 4.46 percent compared to last year to $138.93 million.

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

  • Gasoline, other fuels rose 275.96 percent compared to last year to $531.72 million.
  • Oil fell 36.86 percent compared to last year to $269.53 million.
  • Men’s or boys’ slacks, suits, not knit rose 24.2 percent compared to last year to $168.9 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 19.02 percent compared to last year to $115.8 million.
  • Collectors items of historic or botanic interest rose 800.46 percent compared to last year to $98.36 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.