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Egypt

Egypt ranked No. 50 in total trade value through February with a total of $1.25 billion. Exports totaled $826.98 million and Imports totaled $422.36 million, a surplus of $404.62 million.

January – February 2019

Top Trading Ports

Total Trade: $1.25 billion

RankPortTotal YTD
1Port of Houston $161,992,169
2Port of Newark $153,429,665
3Port of Southern Louisiana, Gramercy, St. James Parish $151,315,552
4Port of New Orleans $135,845,943
5Port of Savannah, Ga. $96,257,423
6Rouses Point / Lacolle Border Crossing, N.Y. $95,025,162
7Port of Virginia $71,235,493
8Port of Greater Baton Rouge, La. $46,839,999
9Port of Baltimore, Md. $32,187,498
10John F. Kennedy International Airport $27,260,966

U.S. trade with Egypt rose to $1.25 billion through February

Egypt’s trade with the United States rose to $1.25 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 19.02 percent above its total trade during the same time period last year. Egypt’s exports increased 4.8 percent while imports rose 62.09 percent. The U.S. surplus with Egypt was $404.62 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Newark; No. 3 Port of Southern Louisiana, Gramercy, St. James Parish; No. 4 Port of New Orleans; 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 Savannah, Ga. and No. 5 Port of Virginia. In the current time period, the top five accounted for 55.94 percent of Egypt’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 17.15 percent to $161.99 million.
    Exports rose 16.01 percent to $141.77 million. Imports rose 25.83 percent to $20.23 million.
  • Trade with No. 2 Port of Newark rose 45.25 percent to $153.43 million.
    Exports rose 296.12 percent to $20.39 million. Imports rose 32.4 percent to $133.04 million.
  • Trade with No. 3 Port of Southern Louisiana, Gramercy, St. James Parish rose 333.79 percent to $151.32 million.
    Exports rose 327.28 percent to $149.04 million. Imports totaled $2.27 million.
  • Trade with No. 4 Port of New Orleans fell 40.61 percent to $135.85 million.
    Exports fell 43.67 percent to $125.05 million. Imports rose 60.91 percent to $10.8 million.
  • Trade with No. 5 Port of Savannah, Ga. fell 5.33 percent to $96.26 million.
    Exports fell 23.63 percent to $30.9 million. Imports rose 6.76 percent to $65.36 million.

Egypt ranked No. 50 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 55.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Egypt by value through February were the categories of Soybeans; Wheat; Petroleum gases, other gaseous hydrocarbons; Coal, briquettes; and Polymers of vinyl chloride, respectively. They accounted for 52.24 percent of total exports to Egypt.

The value of the top five categories of U.S. imports from Egypt –– Collectors items of historic or botanic interest; Men’s or boys’ slacks, suits, not knit; Sweaters, pullovers, vests, knit or crocheted; Oil; and Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 –– accounted for 48.25 percent of all inbound shipments.

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

  • Soybeans rose 21.83 percent compared to last year to $218.19 million.
  • Wheat totaled $78.48 million. The previous year, there were no exports in this category.
  • Petroleum gases, other gaseous hydrocarbons fell 9.54 percent compared to last year to $59.5 million.
  • Coal, briquettes rose 40.45 percent compared to last year to $45.08 million.
  • Polymers of vinyl chloride fell 16.84 percent compared to last year to $30.77 million.

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

  • Collectors items of historic or botanic interest rose 25416 percent compared to last year to $95.22 million.
  • Men’s or boys’ slacks, suits, not knit rose 26.96 percent compared to last year to $39.56 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 46.47 percent compared to last year to $26.46 million.
  • Oil rose 148.89 percent compared to last year to $22.53 million.
  • Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 fell 2.26 percent compared to last year to $20 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.