Egypt

Africa
Egypt world map

Trade in Egypt

Egypt was the world’s 58th largest exporter of goods and 40th largest exporter of commercial services in 2021. Export values were $40.8 and $20.9 billion USD respectively. Egypt’s top export category was manufactures, followed by fuels and mining products, and agricultural products. In 2020, Egypt’s main export destination markets for goods and services trade were to the United Arab Emirates, Saudi Arabia and Turkey, with trade representing 33.76 per cent of GDP. In terms of imports, Egypt is the world’s 47th largest importer of goods and 41st largest importer of commercial services. Import values were $73.4 and $21.0 billion USD respectively in 2021. Egypt’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were China, the United States and Saudi Arabia. Egypt is part of 10 different Regional Trade Agreements, such as Agadir Agreement, Common Market for Eastern and Southern Africa (COMESA).
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

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 Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Egyptian pound

Exchange Rate

 Google Finance Currencies

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.

  • Abu Dhabi Islamic Bank - ADIB - Cairo, Egypt - SWIFT: ABDIEGCA

  • Attijariwafa Bank Egypt S.A.E. - Cairo, Egypt - SWIFT: BCBIEGCXXXX

  • African Export-Import Bank - Cairo, Egypt - SWIFT: AFXMEGC

  • Ahli United Bank - Cairo, Egypt - SWIFT: DEIBEGCXXXX

  • Arab banking Corporation (B.S.C.), Cairo Egypt - SWIFT: EAABEGCX

  • Banque du Caire - Cairo,Egypt - SWIFT: BCAIEGCX

  • Bank of Alexandria - Cairo, Egypt - SWIFT: ALEXEGCX

  • Emirates NBD (formerly BNP Paribas) - Cairo, Egypt - SWIFT: EBILEGCX

  • Citibank NA Egypt - Cairo, Egypt - SWIFT: CITIEGCXTRD

  • Commercial International Bank (CIB) - Cairo, Egypt - SWIFT: CIBEEGCX

  • HSBC Bank Egypt SAE - Cairo, Egypt - SWIFT: EBBKEGCX

  • National Bank of Abu Dhabi - Egypt - SWIFT: NBADEGCA

  • National Bank of Egypt Main Branch - Cairo, Egypt - SWIFT: NBEGEG001

  • National Bank of Egypt Tower Branch - Cairo, Egypt - SWIFT: NBEGEGCX

  • National Bank of Kuwait-Egypt SAE - Cairo, Egypt - SWIFT: WABAEGCX

  • QNB Al Ahli - Cairo, Egypt – SWIFT: NSGBEGCX

  • Union National Bank Egypt - Cairo, Egypt - SWIFT: ALECEGAL

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

Government MSME Agency

  • Ministry of Trade and Industry (MTI)

    -

  • Ministry of Trade and Supply: International Trade Point

    -

  • MSME Development Agency and the Industrial Development Authority (IDA)

  • National Council for Women

    -

  • The Social Fund for Development (SFD)

    -

Copyright Offices

  • Intellectual property office in Egypt

  • Supreme Council of Culture

  • Ministry of Culture

Industrial Property Offices

  • Egyptian Patent Office

  • Academy of Scientific Research and Technology (ASRT)

  • Ministry of Scientific Research

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.

  • Central Administration for Foreign Agricultural Relations
    Ministry of Agriculture and Land Reclamation
    Phone: +233376589/+237490805

    1 Nadi El-Seed Street

    [email protected]

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.

  • Egyptian Organization for Standardization and Quality (EOS)
    Chairman: Acting as a Head of the EOS, Dr.Eng. Kaled Hassan Sofy
    Phone: +(202) 2 284 55 22 +(202) 2 284 55 24
    Website: http://www.eos.org.eg

    16, Tadreeb El Modarrebeen St.
    El Ameriya
    Cairo

    [email protected], [email protected]

Additional Information

 ePing alert

Links to other helpful resources

This section includes additional links to trade-related resources.

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, 2023

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