Egypt (EGY) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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Egypt-Turkey Trade: In 2023, Egypt exported $4.63B to Turkey. The main products that Egypt exported to Turkey were Petroleum Gas ($824M), Refined Petroleum ($480M), and Nitrogenous Fertilizers ($373M). Over the past 5 years the exports of Egypt to Turkey have increased at an annualized rate of 13.1%, from $2.5B in 2018 to $4.63B in 2023.

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

Turkey-Egypt Trade: In 2023, Turkey exported $3.44B to Egypt. The main products that Turkey exported to Egypt were Hot-Rolled Iron ($174M), Refined Petroleum ($113M), and Carbonates ($100M). Over the past 5 years the exports of Turkey to Egypt have decreased at an annualized rate of 0.079%, from $3.45B in 2018 to $3.44B in 2023.

In 2009, Turkey exported services to Egypt worth $6.2M, with Other business services ($6.2M) 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Egypt exported $4.63B to Turkey. The main products exported from Egypt to Turkey were Petroleum Gas ($824M), Refined Petroleum ($480M), and Nitrogenous Fertilizers ($373M). During the last 5 years the exports of Egypt to Turkey have increased at an annualized rate of 13.1%, from $2.5B in 2018 to $4.63B in 2023.

In 2018, Turkey exported $3.44B to Egypt. The main products exported from Turkey to Egypt were Hot-Rolled Iron ($174M), Refined Petroleum ($113M), and Carbonates ($100M). During the last 5 years the exports of Turkey to Egypt have decreased at an annualized rate of 0.079%, from $3.45B in 2023 to $3.44B in 2018.

Exports from Egypt () to Turkey () (2023)

Exports from Turkey () to Egypt () (2023)

Latest Data

Trade between Egypt () and Turkey ()

Egypt Exports

Date

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Turkey
Top DestinationGermany$24.7B

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

In 2023, countries that imported more from Egypt than Turkey included Saudi Arabia ($5.31B), Sudan ($983M), and Palestine ($496M).

In 2023, countries that imported more from Turkey than Egypt included Germany ($24.7B), United Kingdom ($15.1B), and United States ($15.9B).

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

Comparative Advantage Egypt - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Egypt had a large net trade with Turkey in the exports of Mineral Products ($1.37B), Chemical Products ($919M), and Textiles ($702M).

During 2018, Turkey had a large net trade with Egypt in the exports of Metals ($709M), Machines ($590M), and Textiles ($433M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Turkey+$125MRefined Petroleum

Top Product Potential Turkey Egypt+$106MRefined 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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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Egypt () to Turkey () (2023)

Exports from Turkey () to Egypt () (2023)

Latest Data

Trade between Egypt () and Turkey ()

Egypt Exports

Turkey Exports

Market Competitiveness

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

Comparative Advantage Egypt - Turkey

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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