Egypt’s imports of iron ores and concentrates increased by 1.9% in 2024, reaching $1.658 billion, compared to $1.627 billion in 2023.

Foreign trade data issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) showed that iron ores and concentrates accounted for 1.7% of Egypt’s total imports last year, which amounted to $94.7 billion.

Five countries—Brazil, Oman, Bahrain, Sweden, and Canada—controlled 95.6% of Egypt’s total imports of iron ores and concentrates, valued at $1.584 billion in 2024.

The value of Egypt’s imports of iron ores and concentrates from Brazil increased by 24.7%, reaching $749.533 million compared to $600.816 million. Imports from Canada increased by 46%, reaching $84.242 million compared to $57.716 million.

The value of Egypt’s imports of iron ores from Ukraine jumped to $51.699 million compared to $6.417 million, an increase of 805.5%.

The value of Egypt’s imports of iron ores and concentrates from Oman declined by 37.7% last year, reaching $356.188 million, compared to $571.807 million. Imports from Bahrain declined by 2%, reaching $208.635 million, compared to $212.968 million.

Egypt’s imports of iron ores from Sweden reached $185.458 million in 2024, a 0.9% up compared to $183.8 million in 2023.