The Treasurer’s Guide to Trade Finance

Egypt

Principal exports

Crude oil and petroleum products, processed

food, cotton, textiles, metal products and

chemicals.

Documentation

Imports

ƒ Commercial invoice, customs import

declaration, packing list, terminal handling

receipts, customs procedural certificate,

delivery order, Annex 4 Form (if for trading or

production purposes), inspection report, bill

of lading and a cargo release order.

Exports

ƒ Bill of lading, certificate of origin, commercial

invoice, customs export declaration, customs

procedural certificate, export statistical

form, packing list and technical standard

certificate.

Licences

Imports

ƒ All importers are required to register with the

General Organisation for Export and Import

Control (GOEIC — http://www.goeic.gov.eg). To

do so, an importer must be an Egyptian

national and fulfil other criteria, including

demonstrating a proven record of past

business activities.

Exports

ƒ Exporters must also register with GOEIC,

and must have a clean criminal record as

well as a minimum capital requirement of

EGP 3,000.

Tariffs/Taxes

Imports

ƒ Import tariffs are split into six tariff groups

ranging between 2 percent and 32 percent.

Exports

ƒ None.

Financing requirements for imports/

exports

ƒ None.

Prohibited items

Imports

ƒ Used telecommunications material for

trading purposes and cars not in their year

of manufacture.

ƒ Imports of liquefied petroleum gas, butane

and oil are conducted by foreign energy

producers via joint ventures with the

state-owned Egyptian General Petroleum

Corporation and Egyptian Gas Holding

Company.

Exports

ƒ The Egyptian government publishes a

negative list of prohibited exports.

Egypt imports exports

Trade information

Key trading partners

Imports by origin

EU 29.4%

USA 10.7%

China 9.1%

Kuwait 4.7%

Turkey 4.4%

Other 41.7%

Source: WTO, September 2012

Exports by destination

EU 31.3%

India 7.3%

Saudi Arabia 6.1%

United

States 5.2%

Turkey 4.9%

Other 45.2%