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Egypt boosts economic ties with Brazil and India in BRICS
Egypt is strengthening its economic relations with Brazil and India through the BRICS grouping, focusing on increasing trade exchange, attracting investments, and developing industrial and investment partnerships. The two sides discussed opportunities to expand Egyptian exports and enhance cooperation in energy, manufacturing, and agriculture, with an emphasis on making Egypt a regional hub for low-carbon fuels, especially biofuels for ships passing through the Suez Canal. Egyptian exports to Brazil witnessed a 179% increase, rising from $455 million in 2021 to approximately $1.27 billion in 2025. Meanwhile, the trade volume between the countries reached $5.83 billion in 2025, with plans to diversify the economic structure and add more value to exports. Additionally, discussions with India centered on strengthening industrial cooperation, supporting small and medium-sized enterprises, and facilitating investment procedures. There is also potential to establish a joint production platform and programs to increase exports to African and Middle Eastern markets.
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