Iran's Export Opportunities to Egypt in 2024: Key Markets, Products & Strategies

Iran's Export Opportunities to Egypt in 2024

Exporting to Egypt is one of Iran's key trade goals in the non-oil sector. With a population exceeding 100 million and a diverse economy, Egypt offers significant trade potential. Understanding the opportunities and challenges in this market can help Iranian exporters expand their reach and increase revenue.

Importance of Trade with Egypt

For Iran, exporting to Egypt is highly significant due to the shared cultural aspects and high demand for Iranian products. Factors such as Egypt’s industrial infrastructure, abundant natural resources, and strategic location make it an ideal market. Additionally, trade agreements and regional partnerships further facilitate smoother transactions between the two countries.

Iran's Export Performance in 2024

According to reports, Iran’s non-oil exports grew by 9.4% in the summer of 2024, reaching $12.3 billion. Major export products included petrochemicals, agricultural goods, and minerals. The rising global demand for these commodities has significantly contributed to the growth of Iran’s exports.

Iran's Exports to Egypt

In 2023, Iran exported 28,116 tons of goods to Egypt, valued at $13,798,476. The key exported products include:

Agricultural Products

• Pistachios
• Apples
• Saffron
• Tomatoes
• Dates
• Watermelons

Food Products

• Raisins
• Shrimp
• Fresh or dried pistachio kernels
• Inactive yeasts
• Confectionery and sweets
• Fruit juices and concentrates

Industrial Equipment

• Agricultural machinery
• Automobile parts
• Rotary switches
• Gas turbine components
• Water pumps
• Electrical transformers

Mineral Goods

• Bentonite
• Marble
• Travertine
• Limestone
• Gypsum
• Cement

Raw Materials for Industries

• Oil and petroleum-based products
• Liquefied petroleum gases like butane and propane
• Iron and steel alloys
• Phthalic anhydride, polystyrene, PVC, and sulfuric acid
• Melamine resins
• Copper cathodes and parts
• Lubricants and greases
• Polyethylene
• Bitumen
• Aluminum ingots

Challenges in Exporting to Egypt

Despite the opportunities, there are challenges to consider when exporting to Egypt. These include trade restrictions, high tariffs, complex import regulations, and competition from other suppliers. To overcome these challenges, Iranian exporters must comply with Egyptian trade laws, establish strong distribution networks, and focus on product quality.

The Role of Abrisham Road International Platform  in Export Growth

The Abrisham Road International Platform , as Iran’s first B2B export platform, has facilitated trade between Iranian producers and Egyptian buyers by offering direct connections, cost reduction, and market expansion. By leveraging digital platforms, exporters can easily showcase their products, negotiate deals, and ensure efficient logistics for delivery.

Conclusion

With increasing economic interactions, Iran’s exports to Egypt are expected to grow further. Utilizing digital trade platforms such as the Abrisham Road International Platform  will play a crucial role in boosting Iran's market share in Egypt. Strategic partnerships, understanding local regulations, and offering high-quality products will ensure long-term success in this market.