Hottest Products to Import From Egypt in 2022
Below are the hottest products to export from Egypt, with large growth potential:
- Cotton (industry expected to grow 14% in 2021)
- Jewelry (worth $887 million during the first 10 months of 2021)
- Plastics (exports jumped 43% in 2021 despite pandemic)
- Fruits (food sector up 18% between January and November 2021, $3.8 billion)
- Ceramics (exports hit $92 million in the first nine months of 2021)
- Essential Oils, Perfumes and Cosmetics
A slew of positive export data has been released for 2021, showing huge demand for Egyptian products worldwide. A Egyptian-British trade agreement signed following Brexit has been significant for both countries so there are some excellent opportunities for a foreign importer.
Egyptian Exports Reach Their Highest Level Ever in 2021
Egyptian non-oil exports total imports reached US$32.128 billion for the first time ever in 2021, compared to $25.427 billion in 2020, a difference of $6.701 billion, a very significant increase of 26%.
Egyptian exports in 2021 to the European Union was $9.153 billion, compared to $5.881 billion during in 2020 – another significant increase of 56%.
Exports to the US reached $2.446 billion compared to $1.618 billion, yet another significant increase of 51%.
Egypt’s exports to the UK increased 46.2% year-on-year in 2021, with exports registered at $1.079 billion last year, compared to $738 million in 2020, taking advantage of the Egyptian-British trade agreement, signed by the two countries following Brexit.
If you’re looking for some ideas to import from Egypt and sell, here’s our 6 hottest ideas for 2022:
Egypt is famous for its highest quality cotton around the world. Turkey and India import cotton from Egypt in order to produce high quality products made of 100% Egyptian Cotton for the worldwide demand.
Fabric production includes fine Egyptian cotton fabrics, shirting, fabrics for trousers/shorts, worsted wool fabrics, denim, fleece, jersey, flat/woolen knits, technical fabrics, and more. Apparel production includes active sportswear, outerwear, underwear, suits, socks, infant wear etc. Production of made-ups includes a wide variety of bed, bath, and table linens, kitchen accessories etc.
Perhaps one of the most in-demand products are luxury 100% Egyptian cotton bed sheets and bedware.
Egypt’s cotton exports are expected to grow 14% to 250,000 bales during the fiscal year (FY) 2020/2021 due to lower prices, according to a recent report by the American Department of Agriculture’s Cairo office.
Egypt’s gold, jewelry, and precious stones was worth $887 million during the first 10 months of 2021 with Egypt exporting to approximately 37 countries.
Four other countries accounted for 66.8% of the total exports of jewelry and precious stones during the 10 months of 2021, led by Canada, accounting for 54.8% of total exports, valued at $486 million, followed by the United Arab Emirates (UAE) at 32.8%, with a value of $291 million.
Australia in third place, with 11.6%, followed by Lebanon in fourth place, with a value of $2 million.
Egypt’s exports of jewels and precious stones to Spain rose to a record $822,000 compared to just $4,000 in the previous year.
Plenty of room in the UK market and worth exploring.
Since the revolution in 2011 a number of sectors, especially tourism, have slowed down, however this has not been the case with the plastics industry, which includes finished products.
Egypt’s plasticware exports jumped by 43% in 2021 despite the challenges imposed by the ongoing pandemic. The plasticware industry has become an important part of Egypt’s local manufacturing over the past ten years as a result of relying on plastic materials instead of other items like glass and metals.
Food imports to Europe is a golden opportunity for Egyptian food imports and remains one of the most stable markets offering the highest prices.
Egyptian food items sector increased 18% between January and November 2021, recording $3.8 billion.
The European Union came in second at second place with a value of total imports at $587 million, with a growth rate of 31%, representing 16% of total exports. US exports with a value of $205 million, making up 5% percent of the total exports.
Europe needs products that are low in sugar and packaging for European standards should be considered. Europe is more interested in buying food products which are in glass containers and tetra packs.
It’s important to understand import requirements with food and fresh fruits as of course there will be a limited shelf life.
Egypt intends to turn itself into a regional hub for manufacturing and exporting ceramics, in light of the availability of energy sources, raw materials and qualified labor.
Ceramic exports to foreign markets reached around $92 million in the first nine months of 2021. Egypt has a rich history of manufacturing ceramics and it’s expected for this industry to grow significantly.
Essential Oils, Perfumes and Cosmetics
80% of the world’s natural jasmine products, come from Egypt, where specialists in this ancient art extract the aromatic oils from a profusion of flowers, leaves, roots and herbs and export them to perfumers in Paris, London, New York and even Moscow.
Perfumes are a huge export market still to be tapped and the use of essential oils is becoming a very, very popular natural alternative to traditional perfumes.
How To Import From Egypt
4 Steps To Success
If you’re now thinking to get involved in the import export world, I highly recommend it! Below is my personal testimonial of my experience, working 35+ years in import export. I’ve met some many great people, enjoyed my travels around the world and the satisfaction of negotiating deals and moving products around the world has been fantastic.
If the ideas above have inspired you, I recommend you take the next three steps.
Step 1: Sourcing Your Products
Once you’ve decided on some products, you’ll have to source where to buy them, export documentation, import documentation, whether you will need a import license and practical shipper’s knowledge. Finding sellers of your products is also half the fun. If you’re in a position to travel and explore, do it! It’s a great opportunity to expand your horizons. Not so easy in these times of a global pandemic but eventually we’ll be able to travel again.
If you can’t travel, there’s always Google, AliBaba and AliExpress. This can be a great place to start. For more ideas and an much more in-depth look into sourcing products, check out our blog in sourcing products internationally.
It can also be useful to call the Egyptian Embassy or Egyptian Consulate and ask for a list of suppliers for the product your looking for.
Step 2: Finding Buyers
Perhaps the biggest question is inevitably, how do I find buyers for my products?
This is without doubt the most common question that I’m asked. Well, the good news is, there’s more than one way to do this. The bad news is, there’s no “easy” way. It’s all going to take some hard work and perseverance but it can most certainly be done and some good profits are no doubt waiting for you.
For my biggest hints and tips after a lifetime in commercial buying and selling check out our blog post on finding buyers.
Step 3: Understand the Basics
You’re going to need to understand at a minimum, the basics of import and export. Don’t jump in and start buying products, hoping to sell them by crossing your fingers. You’ll lose money, time and cause yourself a lot of stress.
To start, have a read of our blog post, How To Start an Import Export Business. It’s only the bare minimum but it will give you an idea of what you need to start thinking about and you’ll pick up some handy tips that I learned over the year.
Step 4: Import Export Training Courses Online
If you’re still sold on the idea of international trade, I can only advise you to educate yourself. Our online import export courses are taught with a series of pre-recorded videos so you can start any time, study at your own pace and there’s no deadline to complete.
Our courses teach you the practical knowledge you’ll need to know to trade successfully, confidently whilst maximising your profits. Taught by Alan Bracken, with 35+ years of commercial experience in logistics, he skips all the theory you’ll never need to know but teaches you the practical side of how to move your goods around the world.
Check out our reviews on TrustPilot to see just how our courses have benefited our students.