The Central Agency for Public Mobilisation and Statistics (CAPMAS) reported that trade exchange between Egypt and Singapore reached $137m during the first half (H1) of 2025, compared to $316.9m in the same period of 2024.
The announcement coincided with President Abdel Fattah Al-Sisi’s meeting with Singaporean President Tharman Shanmugaratnam on Saturday, where discussions focused on boosting bilateral cooperation across political, economic, and development spheres.
According to CAPMAS, Egyptian exports to Singapore grew modestly to $12.2m, up from $11m in the first half of 2024. Imports, however, saw a significant decline, falling to $124.8m from $305.9m a year earlier.
Egypt’s leading export categories to Singapore in the first half of 2025 included vegetables and fruits ($8.4m), ready-made garments ($1m), and a range of other products worth $2.8m.
On the other hand, Egypt’s top imports from Singapore comprised cocoa and cocoa preparations ($23.6m), organic chemical products ($15.6m), electrical machinery and equipment including parts ($14.7m), optical and cinematographic instruments and parts ($13.7m), and pharmaceutical products ($10.6m).
The agency also highlighted investment flows, noting that Singaporean investments in Egypt reached $210.3m in the first half of fiscal year 2024/2025, up slightly from $205.3m during the same period in 2023/2024. By contrast, Egyptian investments in Singapore stood at $21.6m, down from $30.9m.
In terms of remittances, transfers from Egyptians working in Singapore rose to $30.3m in fiscal year 2023/2024, compared to $23.6m in 2022/2023. Remittances from Singaporeans working in Egypt, however, declined to around $1m, down from $1.6m in the previous year.
