Exporting to Egypt

Egypt Export Guide | Trade Finance Global

Exporting to Egypt

Although Egypt provides a variety of export commodities such as insulated wire ($ 1.1 billion), nitrogenous fertilizers ($1 billion), textiles and chemicals, the core of Egyptian economy is its oil export. Each day, the country produces around 600,000 barrels and exports about 155,000 of them. Crude petroleum comprises $6.70 billion, petroleum gas meanwhile takes a $2.3 billion part while refined petroleum comprises $1.1 billion of the country’s overall export. In the past, about 90% of Egypt’s exports is made up of cotton and cotton textiles continue to grow to 16% in the 1970s. However, cotton was replaced by oil and petroleum products by 1985.

Italy, the United States and India are the primary export destinations of Egyptian goods, which comprises 9.4%, 7.1% and 6.2% if the total volume, respectively. It is also notable to mention that some European countries such as Germany and Spain along with Asian nations such as China and Japan are also considered top exporting markets for Egyptian oil and other products.

Exporting to Egypt? Contact our local experts

1.00 GBP
British Pound
1.00 GBP = 23.2051 EGP
=
23.2051 EGP
Egyptian Pound
1.00 EGP = 0.04309 GBP

Country Profile

CapitalArab Republic of Egypt ??????? ??? ??????? Arabic: Jumh?r?yat Mi?r al-?Arab?yah Egyptian: Gomhoreyet Ma?r El ?Arabeya Flag Coat of arms Anthem:Bilady, Bilady, BiladyMy country, my country, my country Cairo
Population 93,543,000
Area 1,010,407.87  km2 (390,120.66 sq mi)
km2 (29th)
Currency Egyptian pound (EGP)
GDP
Languages Arabic

Egypt: Imports Profile

Imports from Egypt

Imports from Egypt: $57.91 billion
Import commodities:Machinery and equipment, foodstuffs, chemicals, wood products, fuels
Top import destinations:China 13%, Germany 7.7%, United States 5.9%, Turkey 4.5%, Russia 4.4%, Italy 4.4%, Saudi Arabia 4.1% (2015)
GDP growth (annual %)

Importing from Egypt? Contact our local experts

Country Profile

CapitalArab Republic of Egypt ??????? ??? ??????? Arabic: Jumh?r?yat Mi?r al-?Arab?yah Egyptian: Gomhoreyet Ma?r El ?Arabeya Flag Coat of arms Anthem:Bilady, Bilady, BiladyMy country, my country, my country Cairo
Population 93,543,000
Area 1,010,407.87  km2 (390,120.66 sq mi)
km2 (29th)
Currency Egyptian pound (EGP)
GDP
Languages Arabic

-0.15

Econ Complexity 74th of 184
1980
2015

$27.7B

Exports 61st of 221
1980
2015

$76.4B

Imports 38th of 221
1980
2015

$10.9k

GDP Per Capita 98th of 184
1990
2015
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