International Trade in Egypt

International Trade in Egypt

With the establishment of a new government in July 2004, Egypt launched an economic reforms program, including a large stimulus plan in 2008. Consequently, tariffs and taxes were lowered and simplified. The transparency of the national budget was reinforced and many privatizations were... Read more

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Market Analyses About Egypt (371)

Import and Export Services in Egypt (1,923)

  • Look at Egypt Tours

    Look at Egypt Tours

    Travel Agency, Egypt

    Look at Egypt tours was formed in 2006 proudly to share the wonders and delights of Egypt We are Egyptian Tour operator offering all...
  • Truly Egypt Tours

    Truly Egypt Tours

    Travel Agency, Egypt

    Truly Egypt Tours established in 2000, has developed a wide range of high quality assistance. We offer a broad compass of packages, from...

Business Tips About Egypt (139)

Agents and Distributors in Egypt (275)

  • Arab Engineering & Distribution Co. AEDCO
    We are local partners and representatives for multinational companies in the fields of petroleum, electricity, transportation,...
  • Egypt & Middle East Co. (EME)

    Egypt & Middle East Co. (EME)

    Distributors, Egypt

    Egypt & Middle East is sole agent/distributor for various office equipment, safety & security equipment, central installation...

Overview About International Trade in Egypt

Main Industry Sectors

Agriculture contributes around 13% of the GDP and employs about a third of the active population. The warm climate and the abundant Nile water allows for several annual harvests. The main crops are cereals, cotton, sugar cane and beets.

Egypts remains a country with little industry. With its diverse natural reserves (gold, minerals, iron, oil and gas), oil and gas-related activities and the secondary sector account for just over a third of the GDP. Egypt is the world's sixth largest exporter of natural gas.

Finally, the tertiary sector represents around 50 % of the Egyptian GDP. It is largely dominated by revenues from telecommunications (which grew by 11% during the first quarter of 2010) and from tourism (the tourist industry brings about 11b in annual revenues. For example Cairo received 14m of visitors in 2010).

In spite of its economy's diversification, the country still depends for a large part of its income on the Suez Canal (380m during the first quarter of 2010).

 

Economic Overview

With the establishment of a new government in July 2004, Egypt launched an economic reforms program, including a large stimulus plan in 2008. Consequently, tariffs and taxes we...

News Related to International Trade in Egypt

  • Facebook cracks down on Saudi, UAE and Egypt misinformation campaigns - Aug 09, 2019

    SiliconANGLE by James Farrell Facebook Inc. has cracked down on a misinformation campaign involving Saudi and other Middle Eastern authorities on its platform, the company said Thursday. Accounts linked to the United Arab Emirates, Egypt as well as Saudi Arabia, have been involved in what Facebook called ??inauthentic behavior,? and in total 350 accounts and [...]

    Source: MOROCCO TOMORROW

  • Egypt Unveils Shipping Incentives - Jul 19, 2019

    The country wants to increase the number of ships calling at its ports and transiting Suez Canal. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

    Source: World Maritime News

  • ADES secures new contract in Egypt and extends contract in Algeria - Jul 17, 2019

    These latest deals reaffirm ADES' strong market positions, its long-standing client relationships and its ability to generate stable cash flows from a well-diversified backlog.

    Source: ZAWYA