Egypt’s trade with BRICS countries rises 25.5% to $36 billion

Egypt’s trade with BRICS countries reached $36.7 billion in the first half of 2026, up 25.5% from $29.3 billion in the same period in 2025.
This data comes from Egypt’s Central Agency for Public Mobilisation and Statistics (CAPMAS).
The figures highlight the growing role of BRICS countries in Egypt’s international economic relations, TV BRICS reported.
Egypt’s exports to BRICS countries amounted to $6.6 billion in the first half of 2026.
The UAE was one of the largest destinations, receiving $1.7 billion worth of Egyptian goods.
Exports to India reached $868 million, while China and Brazil accounted for $841 million and $633 million, respectively.
Precious stones, jewellery and related products were Egypt’s leading export category to BRICS markets, valued at $1.2 billion.
Vegetables and fruit followed at $1 billion, while mineral fuels and oils amounted to $844 million. Fertiliser exports reached $552 million, and electrical machinery and equipment totalled $400 million.
Egypt’s imports from BRICS countries rose to $30.2 billion in the first half of 2026, compared with $21.8 billion a year earlier.
China was the largest source of imports at $10.4 billion, followed by the UAE at $5.3 billion and Russia at $3.8 billion.
Mineral fuels and oils represented the largest import category at $5.2 billion, followed by electrical machinery and equipment at $4.6 billion.
Grain imports were valued at $2.1 billion, while iron, steel and related products reached $1.8 billion.
Economic cooperation also extended to investment. BRICS countries invested $6.2 billion in Egypt during the 2024/2025 financial year, while Egyptian investments across BRICS countries amounted to $2.2 billion.
Financial flows also showed growth. Remittances from Egyptians working in BRICS countries reached $15.7 billion in 2024/2025, up from $9.8 billion in the previous financial year, an increase of around 60 per cent.
The figures show the growing scale of Egypt’s trade, investment and financial ties with fellow BRICS countries since its accession to the group.
(TV BRICS/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Police warn youths against blocking Kebbi-Sokoto highway
Mr Usman said the latest blockade disrupted vehicular movement for about three hours.

Africa
U.S. warns citizens travelling to South Africa over crime, terrorism, unrest
The acting national police commissioner said at least 10 vehicles were burnt in Johannesburg and 14 in Durban.

Economy
Nigeria’s $1 trillion economy depends on homegrown innovation, market access: NBTI DG
The DG said sustainable national prosperity cannot be achieved through government expenditure or natural resources alone.

NationWide
NBET begins N729 billion legacy debt payments to GenCos
Mr Odeyemi described the development as a significant milestone in implementing the debt reduction programme.

Africa
Anti-foreigner protests force South Africa to withdraw asylum seekers applications
The protests erupted over a Constitutional Court ruling easing access to asylum.

Heading 2
2028 Olympics: Super Falcons defeat Comoros 2-0 in first leg
The Nigerian team finally opened the scoring in the 48th minute with a tap-in by Michelle Alozie.





