Egypt’s population distributes its expenditure in the following way: food 54%, education, health, housing, transport, clothing and furniture 36%; culture and leisure 10%. Cairo and Alexandria are the main economic hubs and concentrate a large part of the country’s activity. The role played by private sector in foreign trade has become relevant, since it is present in 50% of the non-oil exports and 25% of imports.
Attracting direct foreign investment has become a strategic priority for the government who has focused in modernizing legal, administrative and communication areas. Thanks to the geographic location, the size of its population and political reforms, international investors are looking toward the Egyptian market.
Main exports: oil and its by products, cotton, textiles, metals, chemicals, processed foods
Main imports: machinery and equipment, wood products, fuelsView Technical Data Sheet