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What are the main industries in Egypt?

A:

Quick Answer

The main industries in Egypt are agriculture, automotive manufacturing, construction industry, steel manufacturing, cotton cultivation and textile production. Egypt also has a tourism industry, petrochemical industry and consumer electronics manufacturing sector. Its banking industry is also one of the most developed in the region.

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Full Answer

Corn, rice, beans and cotton are grown in Egypt, and pharmaceuticals, cement and steel are produced in its factories. Cattle, sheep and goats are among the animals grown. Egypt also has automotive manufacturing facilities, in which cars from major brands such as Peugeot and Kia are made. In 2013, Egypt's agriculture industry comprised 13 percent of the gross domestic product of the country. In 2010, 32 percent of Egyptians worked in the agricultural industry.

Egypt trades worldwide with countries from both Eastern and Western Hemispheres, including the United States, Syria, China and Germany. Egypt imports meat and machinery, but exports oil, gas, cotton textiles, and aluminum and steel-based products. The country is considered middle-income and one of Africa's most healthy economies, even though some critical industries such as its tourist industry suffered from the activities of Islamic militants elsewhere in the region. The geographical location of Egypt makes it a favorable place for establishing transportation hubs for companies that want to trade with other countries in the area.

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