Egypt has shown a strong performance in exports in recent years. The country has expanded its range of products and services, attracting diverse markets worldwide. In 2022, Egypt's exports reached a total value of $48 billion, marking an 18.2% increase from the previous year. This article delves into the key commodities exported by Egypt, their main destinations, and the economic impact of these exports.
Key Takeaways
Egypt's exports in 2022 totaled $48 billion, up by 18.2% from the previous year.
Top export items include Petroleum Gas, Nitrogenous Fertilizers, and Refined Petroleum.
Turkey, Italy, and the United States are the main destinations for Egyptian exports.
Exports have a significant impact on Egypt's GDP and employment rates.
Technological advancements are improving the efficiency and quality of Egypt's export sector.