Trade relations between Egypt and Türkiye gained momentum in 2025, with the iron and steel sector continuing to be one of the most strategic pillars of bilateral economic ties. Egypt’s total exports to Türkiye reached USD 3.2 billion, while total trade volume between the two countries was recorded at USD 6.8 billion. Iron and steel products stood out among Egypt’s main export items to Türkiye, with a volume of USD 290 million. This performance demonstrated that the sector preserved its weight in regional trade despite fluctuations in global demand and ongoing price pressures.
Decline in exports and imports
From a broader perspective, Egypt’s total iron and steel exports declined by 21.33% in 2025, falling to USD 1.84 billion from USD 2.34 billion in 2024. During the same period, iron and steel imports also decreased by 16%, amounting to USD 4.36 billion. These figures cover scrap, billets, long products, flat products, and a limited number of other items. Regional officials stated that global price corrections, a slowdown in domestic demand, and changes in supply–demand dynamics were among the key factors behind the decline.
Türkiye remains Egypt’s largest iron and steel market
On a country basis, Türkiye continued to be Egypt’s largest iron and steel export market with a volume of USD 270 million. Türkiye was followed by Brazil (USD 161 million), Lebanon (USD 133 million), Saudi Arabia (USD 113 million), Sudan (USD 84 million), and the United States (USD 80 million). Geographical proximity, logistical advantages, and industrial integration have enabled Türkiye to remain a stable market for Egyptian steel.
On the other side of the trade balance, Türkiye also stood out among Egypt’s major iron and steel import partners. In 2025, China became Egypt’s largest iron and steel supplier with USD 1.009 billion, followed by Russia with USD 887 million. Belgium (USD 444 million), the United Kingdom (USD 406 million), and the Netherlands (USD 340 million) were also among the leading suppliers, while Türkiye maintained its position in the Egyptian market with iron and steel sales worth USD 324 million. These figures include scrap, billets, long products, flat products, and several other smaller items.
Investments and strategic cooperation gaining strength
In the 2024/2025 fiscal year, Türkiye’s investments in Egypt rose to USD 175.1 million, while Egypt’s investments in Türkiye increased to USD 74 million. Experts underline that this rise in trade and investment figures coincided with the second meeting of the High-Level Strategic Cooperation Council between Türkiye and Egypt. This development is expected to pave the way for further strengthening bilateral trade, particularly in iron and steel and industrial products, in the coming period.
Comments
No comment yet.