What are the major imports and exports of Egypt?
Economy of Egypt
| Statistics | |
|---|---|
| Exports | $87.89 billion (2018 est.) |
| Export goods | crude oil and petroleum products, cotton, textiles, metal products, chemicals, agricultural goods |
| Main export partners | United States 9% United Arab Emirates 6% Italy 6% Turkey 6% Saudi Arabia 6% India 5% (2019) |
| Imports | $115.35 billion (2018 est.) |
What are the main imports in Egypt?
Egypt imports mainly mineral and chemical products (25 percent of total imports), agricultural products, livestock and foodstuff (24 percent, mainly wheat, maize and meat), machinery and electrical equipment (15 percent) and base metals (13 percent).
What does Egypt sell to other countries?
Its most important exports include petroleum and petroleum products, followed by raw cotton, cotton yarn, and textiles. Raw materials, mineral and chemical products, and capital goods are also exported. Among agricultural exports are rice, onions, garlic, and citrus fruit.
What are the main exports and imports of Egypt?
Egypt’s trade balance marked US$10.36 billion in FY2005 compared to US$7.5 billion. Egypt’s main exports consist of natural gas, and non-petroleum products such as ready-made clothes, cotton textiles, medical and petrochemical products, citrus fruits, rice and dried onion, and more recently cement, steel, and ceramics.
What kind of trade does Egypt have with Russia?
Citrus exports represent 2.52% of Egypt’s yearly export total and this gives the country a 5.86% share of a global market that is worth $15.2 billion annually. Russia is the top trade partner for Egyptian citrus exports, claiming 18.2% of Egypt’s citrus trade.
How much money does Egypt export to Jordan?
As a case study, Jordan is a terrific example of Egypt and its upward trajectory for exports, but also where it struggles with imports. In the first quarter of 2019, Egypt’s year-over-year exports skyrocketed by 126.9% over the same quarter in 2018, with $367.1 million in exports to its neighbor.
What kind of Natural Resources does Egypt have?
Egypt has substantial mineral resources and has an estimated 1 million ounces of gold in the Eastern Desert alone. Exports of crude petroleum rank as the #1 largest export of Egypt and accounts for 14% of its annual total.