Trade with Egypt - Egyptian businessmen active in West Asia

Egyptian traders

Egypt is a country located in the northeast of the African continent and borders the Mediterranean Sea to the north, Israel and the Gulf of Aqaba to the east, Sudan to the south, and Libya to the west. The capital of Egypt is Cairo. The currency of this country is the Egyptian pound (EGP). The official language of Egypt is Arabic and most of the people of this country also speak Arabic. The majority of Egyptians have Islamic beliefs. Egypt is a large and diverse market and has an advanced economy in the region. The main sectors of the Egyptian economy include services, industry, agriculture, economic foundations and tourism. Egypt has rich natural resources including oil, natural gas, granite, kaolin, phosphate and iron. The products that Egyptian businessmen import and export to other countries include machinery, electronic devices, chemical products, clothing and food products, agricultural products, steel products, and textile products. On the other hand, Egypt exports oil and gas products, agricultural products including food products, auto parts, textile products and wooden products to other countries. Egypt's biggest trading partners are mainly China, Italy, America, India and Turkey. Also, Egypt has strong trade relations with Arab, European and African countries. The biggest sources of Egypt's income are tourism, oil and gas, remittances from Egyptians living abroad, and the export of agricultural and industrial products.