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.

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1.00 GBP
British Pound
1.00 GBP = EGP
=
EGP
Egyptian Pound
1.00 EGP = INF GBP

Country Profile

CapitalArab Republic of Egypt ??????? ??? ??????? Arabic: Jumh?r?yat Mi?r al-?Arab?yahEgyptian: Gomhoreyyet Ma?r el-?Arabeyya Flag Coat of arms Anthem:"Bilady, Bilady, Bilady""?????? ?????? ?????""My country, my country, my country"Cairo
Population 97,400,100
Area 1,010,408  km2 (390,121 sq mi)
km2 (29th)
Currency Egyptian pound (EGP)
GDP
LanguagesArabic

Egypt: Imports Profile

Imports from Egypt

Imports from Egypt: $50.91 billion
Import commodities:Machinery and equipment, foodstuffs, chemicals, wood products, fuels
Top import destinations:China 12.9%, Germany 8.7%, United States 5.3%, Italy 4.5%, Turkey 4.3%, Saudi Arabia 4.1% (2016)
GDP growth (annual %)

Importing from Egypt? Contact our local experts

First Name*

Last Name*

Your Organisation*

How much trade finance are you seeking?*

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Telephone Number*

Briefly, what type of stock or trade are you looking to finance?

Country Profile

CapitalArab Republic of Egypt ??????? ??? ??????? Arabic: Jumh?r?yat Mi?r al-?Arab?yahEgyptian: Gomhoreyyet Ma?r el-?Arabeyya Flag Coat of arms Anthem:"Bilady, Bilady, Bilady""?????? ?????? ?????""My country, my country, my country"Cairo
Population 97,400,100
Area 1,010,408  km2 (390,121 sq mi)
km2 (29th)
Currency Egyptian pound (EGP)
GDP
LanguagesArabic

-0.07

Econ Complexity 65th of 214
1980
2016

$27.7B

Exports 59th of 221
1980
2016

$68.2B

Imports 42nd of 221
1980
2016

$11.1k

GDP Per Capita 101st of 214
1990
2016
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