In addition, the GDP purchasing power parity is $247 billion. Also, tourism has always been an important contributor to the Egyptian economy, but this area was hit hard most recently as a result of the September 11, 2002 terrorist attacks in the United States. The next area to be discussed is Egypt's imports and exports.
There are plenty of natural resources present in Egypt. Some such resources include petroleum, iron ore, manganese, limestone, talk, asbestos, lead, and zinc, just to name a few. This country exports crude oil and petroleum products, cotton, textiles, metal products, and chemicals totaling $7.3 billion. On the other hand, Egypt imports much more than it exports. Such imports include machinery and equipment, produce, chemicals, wood products, and fuels adding up to $17 billion. .
Egypt's industry is another important aspect of the country that needs to be discussed. Spinning and weaving, metal and engineering, and food make up the major industries. Industry forms 22.4% of the total national investment. Cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, and goats are all part of Egypt's agriculture. .
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The importance of these products can be seen in that roughly one-third of Egyptian employment is affianced entirely in farming, and lots of others labor in the development or trade of agricultural goods. The majority of this agriculture occurs in about 6 million acres of fertile soil in the Nile Valley and Delta, where cotton, rice, wheat, corn, sugarcane, sugar beets, onions, and beans are the major crops. The Nile valley is definitely the sole reason for Egypt's agriculture, for without it, Egypt would just be an empty, dry wasteland. However, on the negative side, this agricultural land is deteriorating due to factors such as urbanization and pollution.
When it comes to the labor force in Egypt, in 1990 women accounted for more than 12 percent of all industrial workers; most female factory workers were in textiles, food processing, and pharmaceuticals.
