In a notable update for economic partnerships, trade between Egypt and Spain experienced a dip in the first half of 2025, reaching .5 billion compared to .6 billion during the same timeframe in 2024. This data, released by Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS), comes on the heels of a diplomatic visit from King Felipe VI of Spain to Egypt, underscoring the importance of international relations and economic collaboration between the two nations.
Looking deeper into the numbers, Egyptian exports to Spain totaled 2 million in the first half of 2025. This figure marks a decrease from last year’s impressive 3.1 million. Notably, the range of products Egypt exports to Spain is diverse, including key exports like fertilizers (5 million), ready-made garments (2 million), fruits and vegetables ( million), plastics (.4 million), and mineral fuels (.7 million). Clearly, Egypt’s agricultural and manufacturing capabilities offer significant value to Spanish markets, providing a robust platform for future growth.
On the flip side, Egyptian imports from Spain showed an uptick, growing to 2 million from 2.6 million a year earlier. This increase was driven by Spanish contributions of copper (3.9 million), electrical machinery (5.6 million), automobiles (.3 million), pharmaceuticals ( million), and iron and steel products (.4 million). Such imports reflect Egypt’s commitment to enhancing its infrastructure and technological landscape, moving towards a more industrially sophisticated economy.
Investment flows, which are crucial for economic development, also presented mixed signals. Spanish investments in Egypt were recorded at .4 million, a slight decline from .2 million in the previous year. Similarly, Egyptian investments in Spain fell to .9 million from .1 million. Despite these fluctuations, remittances continue to signify strong ties; Egyptians working in Spain sent back .6 million during the fiscal year 2023/2024, an increase from the previous year’s .9 million. Conversely, Spanish expatriates in Egypt increased their remittances to .9 million, showing a rise from .8 million in 2022/2023.
Overall, the ongoing trade relationship between Egypt and Spain underscores the endurance and complexity of their economic engagement. While there have been slight declines in certain areas, the fundamental connections reflect a steady pursuit of mutual growth and prosperity. The commercial landscape is evolving, and with continued bilateral initiatives, there’s potential for an optimistic outlook ahead.
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