Egypt (EGY) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Egypt-Italy Trade: In 2023, Egypt exported $2.9B to Italy. The main products that Egypt exported to Italy were Petroleum Gas ($279M), Raw Aluminium ($255M), and Nitrogenous Fertilizers ($245M). Over the past 5 years the exports of Egypt to Italy have increased at an annualized rate of 0.24%, from $2.87B in 2018 to $2.9B in 2023.

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

Italy-Egypt Trade: In 2023, Italy exported $3.44B to Egypt. The main products that Italy exported to Egypt were Refined Petroleum ($564M), Valves ($102M), and Other Heating Machinery ($95.6M). Over the past 5 years the exports of Italy to Egypt have decreased at an annualized rate of 0.046%, from $3.45B in 2018 to $3.44B in 2023.

In 2020, Italy exported services to Egypt worth $1.07B, with Other business services ($943M), Transportation ($60.2M), and Travel ($29.9M) being the largest in terms of value.

Comparison: In 2023, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Egypt exported $2.9B to Italy. The main products exported from Egypt to Italy were Petroleum Gas ($279M), Raw Aluminium ($255M), and Nitrogenous Fertilizers ($245M). During the last 5 years the exports of Egypt to Italy have increased at an annualized rate of 0.24%, from $2.87B in 2018 to $2.9B in 2023.

In 2018, Italy exported $3.44B to Egypt. The main products exported from Italy to Egypt were Refined Petroleum ($564M), Valves ($102M), and Other Heating Machinery ($95.6M). During the last 5 years the exports of Italy to Egypt have decreased at an annualized rate of 0.046%, from $3.45B in 2023 to $3.44B in 2018.

Exports from Egypt () to Italy () (2023)

Exports from Italy () to Egypt () (2023)

Latest Data

Trade between Egypt () and Italy ()

Egypt Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from Egypt than Italy included Sudan ($983M), Palestine ($496M), and Yemen ($356M).

In 2023, countries that imported more from Italy than Egypt included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Egypt - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Egypt had a large net trade with Italy in the exports of Mineral Products ($732M), Metals ($694M), and Chemical Products ($449M).

During 2018, Italy had a large net trade with Egypt in the exports of Machines ($1.4B), Mineral Products ($644M), and Metals ($392M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Italy+$565MPetroleum Gas

Top Product Potential Italy Egypt+$98.2MRefined Petroleum

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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Bilateral Service Trade

Ita Year

In 2020, Italy exported services to Egypt worth $1.07B, with Other business services ($943M), Transportation ($60.2M), and Travel ($29.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Egypt () to Italy () (2023)

Exports from Italy () to Egypt () (2023)

Latest Data

Trade between Egypt () and Italy ()

Egypt Exports

Italy Exports

Market Competitiveness

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

Comparative Advantage Egypt - Italy

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Italy () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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