Egypt's exports of automobiles and automotive components increased by 13.1% during the period from January to April 2026, reaching $434.6 million, compared with $384.2 million during the same period in 2025, according to data from the Engineering Export Council of Egypt.

Sherif El-Sayyad, Chairman of the Engineering Export Council, said the sector maintained its strong momentum in April, with exports rising 23.8% year-on-year to $139.1 million, up from $112.8 million in April 2025.

He explained that automotive wiring harnesses remained the sector's leading export product, accounting for approximately 58% of total automotive exports, while vehicles designed to carry 10 or more passengers for tourism purposes ranked second, representing 13% of total exports.

Government Push to Expand Local Automotive Manufacturing

The export growth comes as the Egyptian government continues to strengthen the domestic automotive industry through the implementation of the National Automotive Industry Development Strategy and its accompanying incentive program.

The government aims to increase the sector's annual production capacity to 260,000 vehicles by 2026, up from approximately 95,000 vehicles currently. It also seeks to raise local value-added content to 60% and increase the local manufacturing component to more than 35%.

The national automotive program also targets total annual production of 100,000 vehicles, while encouraging manufacturers to deepen local production and increase the use of components made in Egypt.

Under the strategy, manufacturers must produce a minimum of 10,000 vehicles annually per factory and at least 5,000 units per model to qualify. The required local content starts at 20% and gradually increases to 35%.

Companies that exceed the 35% local manufacturing threshold are eligible for additional incentives of up to EGP 5,000 for every 1% increase in local industrial content.