Forecast: Transport Services Exports in Egypt

The transport services exports in Egypt experienced fluctuating trends over the past decade. From 2013 to 2016, there was an overall increase, peaking in 2016. However, the period from 2017 to 2019 saw a significant decline, driven by multiple factors including global economic shifts and regional challenges. A notable recovery occurred in 2020, followed by varying results through 2023, which ended almost flat compared to the previous year. The compound annual growth rate (CAGR) over the past five years stands at 1.51%.

Forecasts from 2024 onward indicate a very slight downward trend in transport services exports, demonstrating a CAGR of -0.19%. While this suggests relative stability, the projected annual decrease in value highlights potential challenges in maintaining or growing Egypt's market share in this sector.

Future trends to watch for:

• The impact of regional political stability on transport operations.
• Economic policies and investment initiatives by the Egyptian government.
• Global trade dynamics and their influence on transport demand.
• Technological advancements in transport and logistics infrastructure.