2023
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GDP
$2.02TCURRENT US$
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2013-2023
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GDP GROWTH
-11.8%CURRENT US$
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2023
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 GDP
$396BCURRENT US$
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2013-2023
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GDP GROWTH
37.3%CURRENT US$
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2023
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GDP PC 
$13,817CURRENT US$
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2013-2023
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GDP PC GROWTH
-13.3%CURRENT US$
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2023
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GDP PC
$3,457CURRENT US$
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2013-2023
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GDP PC GROWTH
14.3%CURRENT US$
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About

Russia-Egypt Trade: In 2023, Russia exported $4.96B to Egypt. The main products that Russia exported to Egypt were Wheat ($2.55B), Seed Oils ($393M), and Semi-Finished Iron ($321M). Over the past 5 years the exports of Russia to Egypt have decreased at an annualized rate of 9.5%, from $8.17B in 2018 to $4.96B in 2023.

In 2020, Russia exported services to Egypt worth $103M, with Other business services ($39M), Travel ($29.1M), and Transportation ($16.3M) being the largest in terms of value.

Egypt-Russia Trade: In 2023, Egypt exported $466M to Russia. The main products that Egypt exported to Russia were Citrus ($115M), Potatoes ($83.2M), and Tropical Fruits ($40M). Over the past 5 years the exports of Egypt to Russia have decreased at an annualized rate of 2.56%,  from $531M in 2018 to $466M in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $4.96B to Egypt. The main products exported from Russia to Egypt were Wheat ($2.55B), Seed Oils ($393M), and Semi-Finished Iron ($321M). During the last 5 years the exports of Russia to Egypt have decreased at an annualized rate of 9.5%, from $8.17B in 2018 to $4.96B in 2023.

In 2018, Egypt exported $466M to Russia. The main products exported from Egypt to Russia were Citrus ($115M), Potatoes ($83.2M), and Tropical Fruits ($40M). During the last 5 years the exports of Egypt to Russia have decreased at an annualized rate of 2.56%, from $531M in 2023 to $466M in 2018.

Exports from Russia (Flag) to Egypt (Flag) (2023)

Exports from Egypt (Flag) to Russia (Flag) (2023)

Market Competitiveness

Color
Russia
Top Destination
China$129B
Egypt
Top Destination
Saudi Arabia$5.31B

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

In 2023, countries that imported more from Russia than Egypt included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Egypt than Russia included Libya ($1.79B), Saudi Arabia ($5.31B), and United Kingdom ($1.75B).

Difference in imports from Egypt (Flag) and Russia (Flag) (2023)

Comparative Advantage Russia - Egypt

Flow
Scale

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

During 2023, Russia had a large net trade with Egypt in the exports of Vegetable Products ($2.62B), Metals ($847M), and Animal and Vegetable Bi-Products ($517M).

During 2018, Egypt had a large net trade with Russia in the exports of Vegetable Products ($382M), Plastics and Rubbers ($21.4M), and Foodstuffs ($14.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Egypt+$49.2MCoal Briquettes
Top Product Potential Egypt Russia+$8.7MOther Fruits

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

Product Space of Russia (Flag) and Egypt (Flag) (2023)

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