Egypt (EGY) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Egypt-Portugal Trade: In 2023, Egypt exported $155M to Portugal. The main products that Egypt exported to Portugal were Hot-Rolled Iron ($32.5M), Ammonia ($18.9M), and Ethylene Polymers ($11.2M). Over the past 5 years the exports of Egypt to Portugal have increased at an annualized rate of 1.97%, from $141M in 2018 to $155M in 2023.

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

Portugal-Egypt Trade: In 2023, Portugal exported $212M to Egypt. The main products that Portugal exported to Egypt were Uncoated Paper ($46.6M), Semi chemical Woodpulp ($30M), and Sulfate Chemical Woodpulp ($26.8M). Over the past 5 years the exports of Portugal to Egypt have increased at an annualized rate of 1.11%, from $200M in 2018 to $212M in 2023.

In 2020, Portugal exported services to Egypt worth $1.14M, with Travel ($1.14M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Egypt exported $155M to Portugal. The main products exported from Egypt to Portugal were Hot-Rolled Iron ($32.5M), Ammonia ($18.9M), and Ethylene Polymers ($11.2M). During the last 5 years the exports of Egypt to Portugal have increased at an annualized rate of 1.97%, from $141M in 2018 to $155M in 2023.

In 2018, Portugal exported $212M to Egypt. The main products exported from Portugal to Egypt were Uncoated Paper ($46.6M), Semi chemical Woodpulp ($30M), and Sulfate Chemical Woodpulp ($26.8M). During the last 5 years the exports of Portugal to Egypt have increased at an annualized rate of 1.11%, from $200M in 2023 to $212M in 2018.

Exports from Egypt () to Portugal () (2023)

Exports from Portugal () to Egypt () (2023)

Latest Data

Trade between Egypt () and Portugal ()

Egypt Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Egypt than Portugal included Saudi Arabia ($5.31B), Turkey ($4.63B), and United Arab Emirates ($2.43B).

In 2023, countries that imported more from Portugal than Egypt included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Egypt - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Egypt had a large net trade with Portugal in the exports of Metals ($45M), Chemical Products ($34.8M), and Plastics and Rubbers ($26.8M).

During 2018, Portugal had a large net trade with Egypt in the exports of Paper Goods ($113M), Mineral Products ($27.4M), and Plastics and Rubbers ($21.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Portugal+$6.13MPolyacetals

Top Product Potential Portugal Egypt+$8.56MPackaged Medicaments

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

Prt Year

In 2020, Portugal exported services to Egypt worth $1.14M, with Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal () 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 Portugal. This means that a dot/product with the flag of Egypt indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Egypt.

About

Historical Data

Bilateral Trade by Products

Exports from Egypt () to Portugal () (2023)

Exports from Portugal () to Egypt () (2023)

Latest Data

Trade between Egypt () and Portugal ()

Egypt Exports

Portugal Exports

Market Competitiveness

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

Comparative Advantage Egypt - Portugal

Potential Exports

Potential Exports

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Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

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

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