About

Overview In 2022, Egypt was the number 31 economy in the world in terms of GDP (current US$), the number 59 in total exports, the number 44 in total imports, the number 117 economy in terms of GDP per capita (current US$) and the number 66 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Egypt are Petroleum Gas ($9.53B), Nitrogenous Fertilizers ($3.37B), Refined Petroleum ($2.88B), Crude Petroleum ($2.85B), and Gold ($1.73B), exporting mostly to Turkey ($4.23B), Italy ($3.32B), United States ($3.21B), Spain ($3B), and India ($2.57B).

Imports The top imports of Egypt are Refined Petroleum ($6.33B), Wheat ($4.82B), Crude Petroleum ($3.87B), Petroleum Gas ($2.39B), and Packaged Medicaments ($2.27B), importing mostly from China ($16.7B), United States ($6.61B), Saudi Arabia ($6.44B), United Arab Emirates ($5.53B), and Turkey ($4.71B).

In 2022, Egypt was the world's biggest importer of Wheat ($4.82B) and Bitumen and asphalt ($206M)

Location Egypt borders Israel, Libya, and Sudan by land and Cyprus, Greece, Jordan, Saudi Arabia, and Turkey by sea.

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Egypt.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Petroleum Gas$9.53B
Top Destination (2022)Turkey$4.23B

In 2022, Egypt exported a total of $53.9B, making it the number 59 exporter in the world. During the last five reported years the exports of Egypt have changed by $21.3B from $32.6B in 2017 to $53.9B in 2022.

The most recent exports are led by Petroleum Gas ($9.53B), Nitrogenous Fertilizers ($3.37B), Refined Petroleum ($2.88B), Crude Petroleum ($2.85B), and Gold ($1.73B). The most common destination for the exports of Egypt are Turkey ($4.23B), Italy ($3.32B), United States ($3.21B), Spain ($3B), and India ($2.57B).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Fastest Growing Export Markets (2021 - 2022)
France$1.31B (+ 154%)
Spain$1.29B (+ 75.1%)
Turkey$1.14B (+ 36.7%)
Fastest Growing Import Markets (2021 - 2022)
Kuwait$1.98B (+ 229%)
Israel$1.1B (+ 826%)
United States$1.01B (+ 18.1%)

Total Export Growth by Market (2021 - 2022)

Service Trade

Service Trade

Egypt Exports Services (2019)$25.1B
Egypt Imports Services (2019)$21.2B

In 2019, Egypt exported $25.1B worth of services. The top services exported by Egypt in 2019 were Personal travel ($13B), Transportation ($8.5B), Computer and information services ($836M), Government services, n.i.e. ($797M), and Other business services ($683M).

The top services imported by Egypt in 2019 were Transportation ($8.55B), Other business services ($4.58B), Personal travel ($3.43B), Insurance services ($2.24B), and Government services, n.i.e. ($779M).

Service Exports (2019)

Service Imports (2019)

Economic Complexity

Overview

Economic Complexity (Trade)-0.069Rank 66 of 124
Economic Complexity (Technology)-0.6Rank 64 of 96
Economic Complexity (Research)-0.23Rank 66 of 135

Most Specialized Products by RCA Index

Egypt has a high level of specialization in Phosphatic Fertilizers (69.4), Preserved Vegetables (30.1), Potatoes (29.5), Calcium Phosphates (29), and Citrus (27.4). Specialization is measured using RCA, an index that takes the ratio between Egypt observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Egypt according to the relatedness index, were Other Vegetables (0.35), Other Nuts (0.35), Pepper (0.34), Raw Tobacco (0.34), and Other Ores (0.33). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Egypt is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Egypt. These are products that tend to be co-exported with the products that Egypt exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Egypt's⁩ ⁨economy has become relatively more complex, moving from the ⁩⁨73rd to the 66th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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ECI (Trade) Ranking by Country

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