Egypt (EGY) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Egypt-Iran Trade: In 2023, Egypt exported $1.81M to Iran. The main products that Egypt exported to Iran were Potassic Fertilizers ($448k), Nitrites and Nitrates ($350k), and Bandages ($325k). Over the past 5 years the exports of Egypt to Iran have decreased at an annualized rate of 24.6%, from $7.45M in 2018 to $1.81M in 2023.

In 2023, Egypt did not export any services to Iran.

Iran-Egypt Trade: In 2023, Iran exported $3.3M to Egypt. The main products that Iran exported to Egypt were Other Nuts ($985k), Styrene Polymers ($675k), and Orthopedic Appliances ($402k). Over the past 5 years the exports of Iran to Egypt have decreased at an annualized rate of 57%, from $225M in 2018 to $3.3M in 2023.

In 2023, Iran did not export any services to Egypt.

Comparison: In 2023, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Egypt exported $1.81M to Iran. The main products exported from Egypt to Iran were Potassic Fertilizers ($448k), Nitrites and Nitrates ($350k), and Bandages ($325k). During the last 5 years the exports of Egypt to Iran have decreased at an annualized rate of 24.6%, from $7.45M in 2018 to $1.81M in 2023.

In 2018, Iran exported $3.3M to Egypt. The main products exported from Iran to Egypt were Other Nuts ($985k), Styrene Polymers ($675k), and Orthopedic Appliances ($402k). During the last 5 years the exports of Iran to Egypt have decreased at an annualized rate of 57%, from $225M in 2023 to $3.3M in 2018.

Exports from Egypt () to Iran () (2023)

Exports from Iran () to Egypt () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Iran
Top DestinationChina$4.59B

This map shows whether countries import more from Egypt or Iran. Each country is colored based on the difference in imports they receive from Egypt and Iran or the difference in the growth in imports.

In 2023, countries that imported more from Egypt than Iran included Saudi Arabia ($5.31B), Italy ($2.9B), and United States ($2.73B).

In 2023, countries that imported more from Iran than Egypt included China ($4.59B), Pakistan ($943M), and Armenia ($597M).

Difference in imports from Iran () and Egypt () (2023)

Comparative Advantage Egypt - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Egypt and Iran by product, considering products traded by both, Egypt and Iran.

During 2023, Egypt had a large net trade with Iran in the exports of Chemical Products ($1.17M), Vegetable Products ($333k), and Transportation ($109k).

During 2018, Iran had a large net trade with Egypt in the exports of Vegetable Products ($1.22M), Plastics and Rubbers ($1.07M), and Instruments ($409k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Iran+$296kBandages

Top Product Potential Iran Egypt+$1.28MOther Nuts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Egypt and Iran. This means that a dot/product with the flag of Egypt indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Egypt.

About

Historical Data

Bilateral Trade by Products

Exports from Egypt () to Iran () (2023)

Exports from Iran () to Egypt () (2023)

Market Competitiveness

Difference in imports from Iran () and Egypt () (2023)

Comparative Advantage Egypt - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Egypt () and Iran () (2023)

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