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بوابة الشروق
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بوابة الشروق

2026-09-30T20:46:46.000Z

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Islam El-Fishawy: Egypt's trade potential

Islam El-Fishawy: Egypt's trade potential

The article explains that rising oil prices are reflected in an approximately 30% increase in Egypt's exports of petrochemicals, plastics, and fertilizers. It indicates that disturbances in the Middle East region are leading to higher transportation and insurance costs, creating export opportunities for Egypt—especially in the fertilizer sector, which has high production capacities and strong logistical capabilities. Egypt produces about 7.5 million tons of nitrogen fertilizers and 5.5 million tons of phosphate fertilizers, exporting over 60% of its output, with gas prices supported to ensure food security. Additionally, Egypt's exports of chemical and fertilizer industries saw significant growth from January to August 2026, reaching $8.25 billion compared to $6.34 billion during the same period in 2025—a rise of $1.92 billion and a growth rate of 30.2%.

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