2022
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GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
70.8%CURRENT US$
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GDP PC 
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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2022
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GDP PC
$4,295CURRENT US$
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2012-2022
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GDP PC GROWTH
40.4%CURRENT US$
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About

Russia-Egypt Trade: In 2022, Russia exported $2.9B to Egypt. The main products that Russia exported to Egypt were Wheat ($1.67B), Semi-Finished Iron ($153M), and Sawn Wood ($149M). Over the past 5 years the exports of Russia to Egypt have decreased at an annualized rate of 13.8%, from $6.08B in 2017 to $2.9B in 2022.

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 2022, Egypt exported $545M to Russia. The main products that Egypt exported to Russia were Citrus ($153M), Potatoes ($127M), and Tropical Fruits ($37M). Over the past 5 years the exports of Egypt to Russia have increased at an annualized rate of 2.01%,  from $494M in 2017 to $545M in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). 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, Russia exported $2.9B to Egypt. The main products exported from Russia to Egypt were Wheat ($1.67B), Semi-Finished Iron ($153M), and Sawn Wood ($149M). During the last 5 years the exports of Russia to Egypt have decreased at an annualized rate of 13.8%, from $6.08B in 2017 to $2.9B in 2022.

In 2017, Egypt exported $545M to Russia. The main products exported from Egypt to Russia were Citrus ($153M), Potatoes ($127M), and Tropical Fruits ($37M). During the last 5 years the exports of Egypt to Russia have increased at an annualized rate of 2.01%, from $494M in 2022 to $545M in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Egypt
Top Destination
Turkey$4.23B

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 2022, countries that imported more from Russia than Egypt included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Egypt than Russia included Saudi Arabia ($2.35B), Libya ($960M), and Sudan ($789M).

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

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 2022, Russia had a large net trade with Egypt in the exports of Vegetable Products ($1.7B), Metals ($360M), and Wood Products ($278M).

During 2017, Egypt had a large net trade with Russia in the exports of Vegetable Products ($474M), Chemical Products ($18.6M), and Foodstuffs ($12.2M).

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) (2022)

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