Egypt-Turkey Trade Relations

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.

Trade Relations Between Egypt and Turkey in Recent Years

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.

Egypt-Turkey Trade Relations4

Trade Between Egypt and Turkey in Numbers

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.

WhatsApp Image 2022-06-09 at 13.12.46-1

Turkey's Main Export to Egypt

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:

  • Ready-made Clothes
  • Food
  • Chemicals and their Products.
  • Plastics
  • Agricultural Products.
  • Textile Products
  • Glass Products, Raw Glass.
  • Minerals and Gold
  • Oils of various kinds
  • Industrial Engines and Machinery.
  • Rubber

Egypt-Turkey Trade Relations2

Egypt's Main Exports to Turkey

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:

  • Cars and Engines
  • Petroleum Materials
  • Gold and Ornaments
  • Food
  • Agricultural Materials
  • Ready-made Clothes
  • Bags and Leather
  • Industrial Products and Minerals
  • Electrical Equipment and Machinery
  • Textiles, Paper Napkins and Chemicals
  • Rubber
  • Plastics.
  • Paper and Cardboard Manufactures

Egypt-Turkey Trade Relations

What is the Future of Trade Relations Between Turkey and Egypt?

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.

Egypt-Turkey Trade Relations1

The Best Products Imported From Turkey to Egypt

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.

Commercial Services Between Egypt and Turkey Through Property Superiors

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.

WhatsApp Image 2022-06-09 at 13.12.46 (1)-1



Share this post:

Related posts:
New provisions for obtaining Turkish citizenship through real estate ownership

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...

Turkish Real Estate Rental Law 2024

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...