2022
Flag  
GDP
$477BCURRENT US$
Rnk 31 / 186
2012-2022
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GDP GROWTH
70.8%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
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GDP PC 
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
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GDP PC GROWTH
40.4%CURRENT US$
Rnk 48 / 186
2022
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GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Egypt-South Korea Trade: In 2022, Egypt exported $1.56B to South Korea. The main products that Egypt exported to South Korea were Petroleum Gas ($739M), Refined Petroleum ($710M), and Starch Residue ($47.2M). Over the past 5 years the exports of Egypt to South Korea have increased at an annualized rate of 73.3%, from $99.6M in 2017 to $1.56B in 2022.

In 2022, Egypt did not export any services to South Korea.

South Korea-Egypt Trade: In 2022, South Korea exported $1.53B to Egypt. The main products that South Korea exported to Egypt were Cars ($204M), Propylene Polymers ($71.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($64M). Over the past 5 years the exports of South Korea to Egypt have decreased at an annualized rate of 1.9%,  from $1.68B in 2017 to $1.53B in 2022.

In 2022, South Korea did not export any services to Egypt.

Comparison: In 2022,  Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Egypt exported $1.56B to South Korea. The main products exported from Egypt to South Korea were Petroleum Gas ($739M), Refined Petroleum ($710M), and Starch Residue ($47.2M). During the last 5 years the exports of Egypt to South Korea have increased at an annualized rate of 73.3%, from $99.6M in 2017 to $1.56B in 2022.

In 2017, South Korea exported $1.53B to Egypt. The main products exported from South Korea to Egypt were Cars ($204M), Propylene Polymers ($71.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($64M). During the last 5 years the exports of South Korea to Egypt have decreased at an annualized rate of 1.9%, from $1.68B in 2022 to $1.53B in 2017.

Exports from Egypt (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Egypt (Flag) (2022)

Latest Data

Trade between Egypt (Flag) and South Korea (Flag)

Egypt Exports

South Korea Exports

Market Competitiveness

Color
Egypt
Top Destination
Turkey$4.23B
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Egypt than South Korea included Sudan ($789M), Libya ($960M), and Kuwait ($1.12B).

In 2022, countries that imported more from South Korea than Egypt included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Egypt (Flag) (2022)

Comparative Advantage Egypt - South Korea

Flow
Scale

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

During 2022, Egypt had a large net trade with South Korea in the exports of Mineral Products ($1.45B), Foodstuffs ($48.3M), and Stone And Glass ($33.4M).

During 2017, South Korea had a large net trade with Egypt in the exports of Machines ($375M), Transportation ($349M), and Plastics and Rubbers ($328M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Egypt South Korea+$338MPetroleum Gas
Top Product Potential South Korea Egypt+$112MCars

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

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

Product Space of Egypt (Flag) and South Korea (Flag) (2022)

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