Marketing in Egypt Market
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Egypt for many reasons, including its large Muslim population, rich natural resources, large industrial factories, abundant foreign exchange earnings from the tourism industry, extensive commercial facilities, geographical location,
Superior strategy in Africa and geographical proximity to Iran compared to other African countries, it has a privileged position in trade with Iran.
To develop non-oil exports, marketing, and penetration into markets near and far is one of the most important stages of exports.
The most important factors are the lack of trade development with Egypt
- Existence of some political considerations and sometimes criticisms of one of the two sides towards the other
- US sabotage is the most important factor because the relationship between Iran and Egypt is incompatible with US strategies for the region.
Most of Iran's exports to Egypt are intestines, oil, and oils from bituminous minerals, other liquefied Petroleum gases, etc.
Is the economic situation in Egypt a good option for exports and imports?
Egypt is one of the countries in the Middle East that has a lot of potentials. Like Turkey, it does not have an oil-dependent economy, and most of its economy depends on the Nile. Trade, export, and import relations between Egypt and Iran have been much better than other African countries, which has its reasons.
On the other hand, Egypt's major needs for goods exported from Iran will provide a very potential opportunity for Iranian investors. In this article from Sinbad, we examine the state of the Egyptian economy and the importance of exports to Egypt.
Why is Egypt one of the potential export destinations?
Egypt can be chosen as one of the potential export destinations of the country for many reasons. These include large Muslim populations, rich natural resources, large industrial plants, abundant foreign exchange earnings from the tourism industry, extensive trade facilities, superior geostrategic location in Africa, and geographical proximity to Iran compared to other African countries. Has a privileged position in trade with Iran.
The combination of these facilities and capabilities can pave the way for economic cooperation and the expansion of the country's trade relations with Iran, but there is a deep gap between Iran's potential and realized trade capacities with Egypt.