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Egypt


Economy Overview
Egypt
Situated at the extreme north-eastern corner of the African continent, Egypt is an entry point to the Middle East and Africa. Because it owns the Suez Canal, Egypt administers all access between the Mediterranean Sea and the Indian Ocean, and thus most sea traffic between Europe and the Middle East, East Africa and Asia. 95% of Egypt's population is concentrated in the Nile river valley and delta, as most of the rest of the country is desert. In 2008, imports of manufactured goods, machinery and transport equipment increased and accounted for around 45% of total imports. Mineral fuels, lubricants and related materials accounted for 44% of Egypt's exports in 2008. Top partners for exports in 2008 were Italy, India and the Netherlands. The “cradle of civilization” for centuries, Egypt has a large number of historic monuments and offers many sightseeing attractions. Tourism is therefore an important source of revenue for the country. Egypt’s weak infrastructure can be an obstacle to trad

Economy Statistics
Economy Statistics
Exports: $11 billion f.o.b. [?]
Export
Commodities:
crude oil and petroleum products, cotton, textiles, metal products, chemicals [?]
Export
Partners:
Italy 11.9%, US 10.8%, UK 7%, Syria 6.2%, Germany 4.7%, Spain 4.2% (2004) [?]
Imports: $19.21 billion f.o.b. [?]
Import
Commodities:
machinery and equipment, foodstuffs, chemicals, wood products, fuels [?]
Import
Partners:
US 12.2%, Germany 7%, Italy 6.6%, France 5.7%, China 5.4%, UK 4.7%, Saudi Arabia 4.1% (2004) [?]

Company Browser

Alexandria Chamber of Commerce
Address: 801 N. Fairfax Street, Suite 402 Alexandria, VA 22314 USA
Phone: 703.549.1000
Fax: 703.739.3805
Website: http://www.alexchamber.com/



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