2022
Flag  
GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
Flag
 GDP
$477BCURRENT US$
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2012-2022
Flag
GDP GROWTH
70.8%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
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2022
Flag
GDP PC
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP PC GROWTH
40.4%CURRENT US$
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About

Greece-Egypt Trade: In 2022, Greece exported $419M to Egypt. The main products that Greece exported to Egypt were Refined Petroleum ($117M), Raw Cotton ($101M), and Petroleum Coke ($29.2M). Over the past 5 years the exports of Greece to Egypt have decreased at an annualized rate of 14.2%, from $903M in 2017 to $419M in 2022.

In 2020, Greece exported services to Egypt worth $535M, with Transportation ($525M), Other business services ($3.77M), and Construction services ($1.94M) being the largest in terms of value.

Egypt-Greece Trade: In 2022, Egypt exported $1.63B to Greece. The main products that Egypt exported to Greece were Crude Petroleum ($725M), Petroleum Gas ($329M), and Nitrogenous Fertilizers ($149M). Over the past 5 years the exports of Egypt to Greece have increased at an annualized rate of 20.7%,  from $638M in 2017 to $1.63B in 2022.

In 2022, Egypt did not export any services to Greece.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $419M to Egypt. The main products exported from Greece to Egypt were Refined Petroleum ($117M), Raw Cotton ($101M), and Petroleum Coke ($29.2M). During the last 5 years the exports of Greece to Egypt have decreased at an annualized rate of 14.2%, from $903M in 2017 to $419M in 2022.

In 2017, Egypt exported $1.63B to Greece. The main products exported from Egypt to Greece were Crude Petroleum ($725M), Petroleum Gas ($329M), and Nitrogenous Fertilizers ($149M). During the last 5 years the exports of Egypt to Greece have increased at an annualized rate of 20.7%, from $638M in 2022 to $1.63B in 2017.

Exports from Greece (Flag) to Egypt (Flag) (2022)

Exports from Egypt (Flag) to Greece (Flag) (2022)

Latest Data

Trade between Greece (Flag) and Egypt (Flag)

Greece Exports

Egypt Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Egypt
Top Destination
Turkey$4.23B

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

In 2022, countries that imported more from Greece than Egypt included Bulgaria ($3.62B), Cyprus ($2.92B), and Italy ($5.82B).

In 2022, countries that imported more from Egypt than Greece included India ($2.57B), United Arab Emirates ($2.36B), and Saudi Arabia ($2.35B).

Difference in imports from Egypt (Flag) and Greece (Flag) (2022)

Comparative Advantage Greece - Egypt

Flow
Scale

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

During 2022, Greece had a large net trade with Egypt in the exports of Mineral Products ($162M), Textiles ($102M), and Foodstuffs ($39.6M).

During 2017, Egypt had a large net trade with Greece in the exports of Mineral Products ($1.19B), Chemical Products ($189M), and Metals ($77.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Egypt+$106MRefined Petroleum
Top Product Potential Egypt Greece+$260MPetroleum Gas

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 Greece and Egypt. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over Greece.

Product Space of Greece (Flag) and Egypt (Flag) (2022)

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