Egypt's steel imports decreased by 18% to $4.2 billion in 2023

Egypt's imports of iron and steel declined by 17.8% during 2023, to record about $4.216 billion, compared to $5.133 billion during 2022, accounting for 5.1% of total Egyptian imports during this year. The data of the Central Agency for Public Mobilization and Statistics explained. 10 countries accounted for 83.5% of Egypt’s total iron and steel imports during the past year, at a value of $3.521 billion, compared to $3.738 billion during 2022. Imports from 4 countries declined: the United Kingdom from $653.5 million in 2022 to $577.8 million in 2022, Belgium from $501.2 million to $500.8 million, Turkey from $539.6 million to $419.7 million, and India from $539.2 million to $197.0 million. . While imports from 6 countries increased, namely China from $625.1 million in 2022 to $661.3 million in 2023, Russia from $370.2 million to $548.9 million, the Netherlands from $287.7 million to $302.7 million, Italy from $93.6 million to $106.1 million, and France from $44.5 million to $105.2 million, and Lebanon from $82.9 million to $101.5 million. The top 10 countries exporting iron and steel to Egypt, in millions of dollars during the year 2022-2023.