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Egypt

EDC Position-monitoring situation

EDC's Position

  • Responsive approach to business
  • Open on a highly restricted basis under select programs in view of Government of Canada restrictions and/or current business environment.
  • Learn more

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Country At A Glance

Flag of Egypt
Map of Egypt

Country Facts

Nominal GDP282.10 Billion USD
Population83.54 Million
Total Trade/GDP39.28%
CurrencyEgyptian Pound (EGP)
Merchandise Imports from Canada464.08 Million CAD
Main importsSemi-Finished Goods, Consumer and Capital Goods, Petrol Products

EDC in Egypt

Canadian companies assisted79
International buyers insured121
Business volume132.25 Million CAD

Business Environment

While Egypt’s economy was significantly weakened due to the 2011 revolution, recent market activity and observations suggest that the political and economic environments are gradually showing positive trends and that a sustainable recovery has taken hold. Egypt’s population is the largest in North Africa and the Arab world. With a highly diversified economy, projects exist in key sectors such as Transportation, Power, Water, Infrastructure, as well as the Extractive sector.

How we can support your business

Through our representation in Dubai, United Arab Emirates, we provide regional support to Canadian companies planning on or currently doing business in Egypt. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market. 

 

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