Country study of egypt
...: 35.5 Number of motor vehicles per 1,000 inhabitants. This category includes passenger cars and commercial vehicles designed for the transport of persons and goods. Economic Data: v Gross Domestic Product: GDP - purchasing power parity - $295.2 billion (2003 est.) GDP - real growth rate: 3.1% (2003 est.) GDP - per capita: purchasing power parity - $4,000 (2003 est.) GDP - composition by sector: agriculture: 17% industry : 33% services : 50% (2003). v Trade- (Export/ Import): Export $8.759 billion f.o.b. (2003 est.) Import$14.75 billion f.o.b. (2003 est.) Commodities Exported: 1. Crude oil and petroleum products; 2. Cotton;3. Textiles; 4. Metal products; 5. Chemicals. Commodities Imported: 1. Machinery and equipment;2. Foodstuffs;3. Chemicals;4. Wood products; 5. Fuels. v Egypt’s Trade with India: Egypt has traditionally been one of India's most important trading partners in the African continent. India-Egypt Bilateral Trade Agreement has been in operation since March 1978 and is based on the Most Favored Nation clause. Bilateral Trade: Year Total Exports to Egypt (million USD) Total imports from Egypt (million USD) Total trade (million USD) Trade surplus for India (million USD) 1996 184.37 63.65 248.02 120.72 1997 233.13 186.99 420.12 46.14 1998 296.75 166.64 463.39 130.11 1999 269.23 235.46 504.69 33.77 2000 229.44 156.17 385.61 73.27 2001 284.33 252.13 536.46 32.20 2002 365.48 411.73 777.21 -46.25 2003(Jan-June) 74.84 229.07 303.91 -154.23 India has become the only major trading partner of Egypt with which this country enjoys a positive trade balance. Furthermore India has emerged as the second largest export destination for Egypt after Italy. · Major Indian Exports from Egypt: · Iron/Steel casings; · Boneless bovine frozen meat; · Sesame seeds; Engineering goods including diesel engines, pumps & vehicles; · Cotton, Jute yarn and other textile fibers; · Plastics & Rubber; · Chemicals and Pharmaceuticals (vaccines, blood & blood derivatives); · Tobacco; · Paper; · Cereals (mainly wheat). · Major Indian Imports from Egypt: · Petroleum and products; · Raw Cotton; · Rock Phosphate; · Coking Coal and; · Marble. Natural Resources: v Minerals: Gold, Red Granite, Petroleum, Phosphates, Manganese, Iron ore, and Uranium & Natural gas. v Ports & Harbors: Alexandria, Al Ghardaqah, Aswan, Asyut, Bur Safajah, Damietta, Marsa Matruh, Port Said, Suez. v Land: Arable Land : 2.87% Permanent Corps: 0.48% Other : 96.65% (2001 EST.) Irrigated land : 33,000 sq km (1998 EST.) Political Scenario: v Political Parties: Ruling Party: - National Democratic Party Legal opposition parties: - New Wafd Party; - National Progressive Unionist Party; - Liberal Socialist Party; - Socialist Labor Party; - Nasserist Arab Democratic Party. Religious parties: - Muslim Brotherhood; - The Islamic Group. Cultural Scenario: v Society: For most of Egypt’s history its society was agrarian. Labor force : 20.19 million (2003 EST.) Labor force - by occupation : Agricul...