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ECBC Export Clubs include Food, Citrus, Marble, Cotton & Flax, and Leather. To view the members of ECBC export clubs, please choose from the following sectors:
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Egypt is renowned for its cultural depth and tolerance, its intellectual capital and its stable economic and political institutions, ensuring an environment that is conducive to long term business investment.
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Economy Petrochemicals
Petroleum and natural gas compose 8% of GDP and 40% of exports. (Source: International Finance Corporation)
Crude oil exports provide about 52% of foreign exchange receipts from merchandise exports.
About 75% of crude oil production comes from fields in the Sinai Peninsula and the Gulf of Suez.
Gas reserves: 66 trillion f³, with probable reserves of 120 trillion f³. (source: Ministry of foreign Trade and Industry)
FDI in the Petroleum sector reached US$ 3.125 billion. (source: IDSC)
The Petrochemical industry is one of the most dynamic industries of the economy.
Egypt is one of the largest markets for lubricants in Africa and is the 2nd largest refining center.
Egypt supplies petrochemical products to more than 38 countries worldwide. (EU is the largest market)
Egypt ranks 7th in natural gas exports worldwide.
The natural gas liquifaction plant in Damietta free zone is the largest worldwide.
Egypt ranks among the top ten countries using natural gas as car fuel.
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