Egypt
Africa
Trade in Egypt
| Egypt was the world’s 61st largest exporter of goods and 42nd largest exporter of commercial services in 2022. Export values were $51.28 billion and $31.57 billion USD respectively. Egypt’s top export category was Manufactures, followed by Fuels and mining products, and Chemicals. In 2022, Egypt’s main export destination markets for goods and services trade were to United Arab Emirates, Saudi Arabia and Turkey, with trade representing 36.98 per cent of GDP. In terms of imports, Egypt is the world’s 47th largest importer of goods and 45th largest importer of commercial services. Import values were $95.67 billion and $25.40 billion USD respectively in 2022. Egypt’s top import category was Manufactures, followed by Fuels and mining products and Agricultural products. Leading import partners were China, United States and Saudi Arabia. Egypt is part of 10 different Regional Trade Agreements, including Agadir Agreement and Common Market for Eastern and Southern Africa (COMESA). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Arab Republic of Egypt |
Abbreviation |
EG |
Capital |
Cairo |
WTO Membership Date |
30 June 1995 |
Legal System |
mixed legal system based on Napoleonic civil and penal law, Islamic religious law, and vestiges of colonial-era laws; judicial review of the constitutionality of laws by the Supreme Constitutional Court |
Language |
Arabic |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Egyptian pound |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
http://www.fei.org.eg/tariff/tariff.php/ |
Trade Information Portal |
https://www.goeic.gov.eg/en |
Additional Link |
National Tariff Finder |
Additional Link |
Trade Information Portal |
Last Reviewed: June, 2024
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