Egypt and Indonesia Set Trade Goal

Egypt and Indonesia agreed to aim for US$5 billion in bilateral trade by 2030 during a meeting in Jakarta on Sunday 11 October 2026.

“Egypt and Indonesia want their bilateral trade to reach US$5 billion by 2030, more than double last year’s level.”

Current Trade Volume

Bilateral trade reached US$2.38 billion in 2025, with Indonesia selling US$1.94 billion to Egypt and buying US$439.8 million in return.

Agreements Signed

The presidents witnessed four memoranda of understanding covering fisheries, statistics, a strategic partnership action plan, and visa exemption for official passports.

Investment Focus

Indonesia’s sovereign wealth fund Danantara and Egypt’s Future of Egypt agency will work on palm oil, phosphate fertilisers, energy, and logistics projects.

Trade Growth Target

Reaching US$5 billion by 2030 would require annual trade growth of about 16% from the 2025 level, up from 6% over the past five years.

Security and Water Ties

The leaders committed to deepening defense ties and supporting Egypt’s water rights on the Nile, including opposition to Ethiopia’s Blue Nile dam.

Gaza and Regional Concerns

Sisi recalled Prabowo’s role in the October 2025 Gaza ceasefire and called for full humanitarian access to the Gaza Strip.

US Investment Implications

Egypt’s growing Asian ties signal where US investors may find capital, with Indonesian state money joining Gulf and Western investors in Egyptian projects.

Unresolved Details

Neither government has published a timetable, sector targets, or financing for the US$5 billion trade goal, and the full texts of the memoranda remain undisclosed.

Next Steps

Indonesia proposed a second joint trade committee meeting before the end of 2026, but no date has been announced.