Egypt Net Trade (Goods & Services, BoP)
Egypt's net trade (goods & services, bop) fell to $-14.05 billion in 2023, down from $-20.85 billion in 2022, according to World Bank. This represents a decrease of 32.6% ($6.8 billion) from the previous year. Egypt has the 13th lowest net trade (goods & services, bop). Within Africa, it ranks 48th out of 48 countries.
Yearly Historical Data (1977-2023)
(in Billion USD)Egypt Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Egypt, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.