The United States is Egypt’s largest trading partner.

The United States is Egypt’s largest trading partner.

The United States is Egypt’s largest trading partner.
  • In Fiscal Year 2008, bilateral trade between Egypt and the U.S. was close to $7 billion, more than 350 percent higher than its 2004 levels.
  • Egypt is the fourth largest export market for the U.S. in the Middle East and North Africa, representing nearly 9 percent of its exports to the region.
  • In May 2009, the U.S. and Egypt signed a plan for a strategic partnership, which aims to further promote economic cooperation between the two countries.
  • Since 2002/03, private U.S. direct investment has increased from $277.5 million to more than $6 billion in 2007/08, a 23-fold increase.

    Source: Ministry of Trade and Industry; Office of the U.S. Trade Representative