According to Trading Economics, a website providing correct monetary signs based on respectable sources, Egypt’s imports reached a total of USD 7739 million (EGP 143 billion) in March 2022, with China, the USA, and Saudi Arabia being among its major import sources.
The latest to be had country-specific records suggests that 61.8% of products imported into Egypt had been supplied through exporters in:
- China (14.8% of the global total)
- Saudi Arabia (9.3%)
- United States of America (7.6%)
- Germany (4.9%)
- Turkey (4.6%)
- Russia (3.7%)
- India (3.7%)
- Italy (3.5%)
- United Arab Emirates (2.9%)
- Brazil (2.4%)
- Belgium (2.3%)
- France (2.1%).
The Most Imported Products in Egypt
The following product corporations constitute the very best greenback fee in Egypt’s import purchases throughout 2021. Also proven is the share proportion every product class represents in phrases of basic imports into Egypt.
- Mineral fuels such as oil: US$10.4 billion (14.1% of total imports)
- Machinery such as computers: $6.2 billion (8.4%)
- Vehicles: $5 billion (6.7%)
- Cereals: $4.94 billion (6.7%)
- Electrical machinery, gadget: $4.88 billion (6.6%)
- Plastics, plastic articles: $4.1 billion (5.5%)
- Pharmaceuticals: $3.6 billion (4.8%)
- Iron, steel: $3.5 billion (4.8%)
- Oil seeds: $2.4 billion (3.3%)
- Organic chemicals: $1.9 billion (2.6%)
Egypt’s pinnacle 10 imports accounted for nearly two-thirds (63.6%) of the general fee of its product purchases from different countries.
The fastest-developing import classes for Egypt had been pharmaceuticals (up 57.5% from 2020), mineral fuels such as oil (up 47.2%), plastics each as substances and objects crafted from plastic (up 37.4%) then iron and steel as substances (up 33.3%).
Please observe that the consequences indexed above are on the 2-digit Harmonized Tariff System code level. Information offered beneath is on the greater granular 4-digit level.
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Cotton Products
Egypt is well-known for its maximum first-class cotton across the world. Turkey and India import cotton from Egypt for you to produce excessive first-class merchandise made from 100% Egyptian Cotton for the global call for.
Fabric manufacturing consists of exceptional Egyptian cotton fabric, shirting, fabric for trousers/shorts, worsted wool fabric, denim, fleece, jersey, flat/woolen knits, technical fabric, and more. Apparel manufacturing consists of energetic sportswear, outerwear, underwear, suits, socks, little one put on etc. Production of made-ups consists of an extensive form of mattress, bath, and desk linens, kitchen add-ons etc.
Perhaps one of the maximum in-call for merchandise are luxurious 100% Egyptian cotton mattress sheets and bedware.
Egypt’s cotton exports are predicted to develop 14% to 250,000 bales all through the economic year (FY) 2020/2021 because of decreased prices, in keeping with a current document through the American Department of Agriculture’s Cairo office.
Mineral fuels, oils, and chemical products
Approximately 25 percent of Egypt’s general imports are mineral and chemical products, in particular from Saudi Arabia, Kuwait, the USA, and Belgium. These encompass petroleum oils, petroleum gas, bitumen, strong fuels product of coal, and gaseous hydrocarbons. Their imported fee stands at over USD 10 million (EGP 184 million).
Electronic gadget
Imported from China, Vietnam, India and Germany, electronic equipment make for the maximum apparent imports to the Middle East’s maximum populous country, with slightly any local editions stoning up at the mass market.
Telephone sets, electric transformers, static converters, monitors, projectors, sound recorders, in addition to different electric equipment and gadgets make for the sheer brunt of this class. The import’s fee totals for over USD 1.5 million (EGP 28 million).
