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Egypt’s Trading Partners and Products
Egypt's trade dynamics reveal a diverse array of partnerships, with petroleum products playing a pivotal role in shaping its economic landscape.
2022, China was Egypt’s largest trading partner, accounting for 18% of imports and trading more than double that of 2nd place Turkey.
Turkey and the United States are also large trading partners of Egypt with each country accounting for significant exports and imports.
This intricate web of trade relationships underscores Egypt's strategic positioning within the global market, with petroleum products serving as a cornerstone of its trade portfolio.
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Investing in Egypt’s Startup Ecosystem
Micro, Small and Medium Enterprises contribute over 40% to Egypt’s economy, and account for over 75% of the country’s total employment. Entrepreneurship is critical to Egypt’s future. Today, Egypt consistently ranks as a top 3 tech startup ecosystem in both the MENA and Africa regions, based on funds raised by local startups. In this special report, we speak to the most active investors in Egypt and cover some of the country’s most successful startups to give you an inside scoop on how they are navigating the current VC winter, inflationary pressures and currency devaluation woes.
