Following Turkey's rise as a major economic power, regional and Arab countries are increasingly interested in striking deals to increase trade between them. As Egypt is one of the fastest growing indicators of economic development in the region, it will expect increased trade with countries such as Turkey, which have very large export statistics.
Since 2005, when the two countries agreed to sign the Permanent Membership Document of the Union for the Mediterranean, public and trade relations have taken off and the volume of trade between the two sibling countries has increased, among which statistics show that Egypt is the first Arab country to export and import Turkey one of the countries.
The trade volume between Turkey and Egypt has increased year by year. By 2021, Egypt's imports from Turkey will rank 15th among countries in the world, reaching $4.5 billion. Exports to Turkey totaled $2.2 billion last year.
Through conferences, marketing events and exhibitions, business establishments in the two sibling countries hope these numbers will rise to unprecedented highs this year.
As mentioned earlier, trade between Egypt and Turkey grew to $4.5 billion last year, an unprecedented high for trade relations between the two countries.
The nature and materials of these exports have multiplied, the most important of which are:
As described in this article, the volume of trade between Egypt and Turkey has reached a record level with an unprecedented statistical rate. Egyptian exports to Turkey totaled $2.2 billion last year, a record level unseen in trade relations between the two countries.
The nature and materials of exports vary by sector and industry, the main ones being:
Following the release of trade volume statistics between Turkey and Egypt, it is clear that trade relations between the two countries are moving towards further agreements to improve trade and economic cooperation between them.
Specialized agencies and institutions are making every effort to strengthen cooperation in this field through meetings, and plan to sign more economic and trade agreements and use international exhibitions to promote important commodities and industries between the two countries.
Some of the best products that can be imported from Turkey to Egypt are major industries, auto parts, textile factory products such as clothing and carpets, furniture, electric and metal tools, plastics as well as jewelry, accessories, decorations, food and many more of.
Turkish goods are in high demand in the Egyptian market, which has led to an increase in the number of importers from Turkey. In this context, Property Superiors offers you a comprehensive service related to the selection of the goods required for import and the subsequent sorting, filling and canning services.
For more details, suggestions and inquiries, you can contact company representatives on social media or visit the company website.
The Turkish official gazette published on Tuesday, December 12, a Republican decision issued by the presidency of the Republic of Turkey and Turkish President "Recep Tayyip Erdogan" and bearing the number 32397 regarding making some amendments to the conditions for...
The first day of last September witnessed the implementation of a new law imposing financial fines on real estate owners who impose exorbitant rents on tenants in Turkey, as disputes in recent years between landlords and tenants of real estate...