Egypt exported US$2.4 billion worth of merchandise to the United States in 2006, up 14.4% from 2005 and up 76.5% since 2002.
Egyptian imports from the U.S. rose 29.9% to $4.1 billion in 2006, up 43.1% since 2002.
In terms of the merchandise flow between the two countries, America’s trade surplus with Egypt was $1.7 billion in 2006, up 13.1% from 2002. The U.S. trade surplus with Egypt increased 60.1% in 2006 – a reversal from the 40.5% surplus decrease in 2005 from the year earlier.
Egyptian Exports to U.S.
Of the $2.4 billion in American imports from Egypt in 2006, the following product categories had the highest values.
- Natural gas …US$828.7 million (34.6% of Egyptian to U.S. exports, up 10.2% from 2005)
- Cotton household furnishings & clothing … $576.6 million (24.1%, up 35.8%)
- Semi-finished iron & steel mill products … $344.6 million (14.4%, up 259.3%)
- Other petroleum products … $131.9 million (5.5%, down 41.2%)
- Textile floor coverings including rugs … $106.9 million (4.5%, up 10.9%)
- Non-cotton household furnishings & clothing … $95.6 million (4%, up 55.1%)
- Aluminum … $34.6 million (1.4%, up 17.8%)
- Items returned to U.S. then reimported … $33.6 million (1.4%, down 55.9%)
- Stone, sand, cement & lime … $28.7 million (1.2%, down 33.1%)
- Fertilizers, pesticides & insecticides … $19.6 million (0.8%, down 13.2).
Fastest-Growing Egyptian Exports to U.S.
Below are American imports from Egypt in 2006 with the highest percentage sales increases from 2005.
- Synthetic rubbers, wood, cork, gums & resins … US$10.6 million (up 531,250% from 2005)
- Feedstuff & foodgrains … $10 million (up 5,197%)
- Semi-finished iron & steel mill products … $344.6 million (up 259.3%)
- Unmanufactured steelmaking & ferroalloying materials … $2.3 million (up 205%)
- Other finished items (e.g. shingles, molding, wallboard) … $2.5 million (up 140%).
Egyptian Imports from U.S.
Of the $4.1 billion in American exports to Egypt in 2006, the following product categories had the highest values.
- Corn … US$476.1 million (11.6% of Egyptian from U.S. imports, up 21.5% from 2005)
- Civilian aircraft … $304.7 million (7.4%, up 1,506.7%)
- Drilling & oilfield equipment … $296 million (7.2%, up 41%)
- Miscellaneous … $253 million (6.2%, up 134.1%)
- Telecommunications equipment … $240.7 million (5.9%, up 238.4%)
- Wheat … $235.3 million (5.7%, up 23.7%)
- Military vehicles (e.g. armored cars & trucks) … $203.2 million (5%, down 19%)
- Tanks, artillery, missiles, rockets, guns & ammunition … $147.1 million (3.6%, up 4.8%)
- Military parts … $125.8 million (3.1%, down 14.9%)
- Steelmaking materials … $98.7 million (2.4%, up 87.4%).
Fastest-Growing Egyptian Imports from U.S.
Below are American exports to Egypt in 2006 with the highest percentage sales increases from 2005.
- Vessels … US$17.5 million (up 87,370% from 2005)
- Civilian aircraft … $304.7 million (up 1,507%)
- Civilian aircraft engines … $27.4 million (up 702%)
- Dairy products & eggs … $37 million (up 320%)
- Coal … $70.2 million (up 271%).
Sources
This analysis is based on latest statistics from the US Census Bureau - Foreign Trade Statistics and CIA World Factbook as of the date of article publication.
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