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Egypt shifting from consumption to export hub
An economic expert predicts that Egypt is experiencing a qualitative shift in its relations with China, moving from traditional trade cooperation toward localizing industries, attracting direct investments, and transferring technology. Trade between the two countries saw remarkable growth in 2025, increasing by 19.6%, with bilateral trade reaching approximately $20.77 billion. Egyptian exports to China experienced a record increase of 212.6% in the early months of 2026, amounting to about $737.6 million. Although the trade balance still favors China, with a deficit approaching $9.84 billion, Egypt is striving to boost domestic production and localize industries to capitalize on its geographic location and expand its export markets, particularly to Africa and the Arab world. Chinese direct investments in Egypt are also expanding, with a target to reach $30 billion by 2030, focusing on sectors such as automotive, smart transportation, renewable energy, and technology—aiming to establish Egypt as a major industrial and export hub in the region.
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