United States (USA) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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United States (USA) and Egypt (EGY) Trade

2022

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Exports $6.61BRnk 42 / 219

2022

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About

United States-Egypt In 2022, United States exported $6.61B to Egypt. The main products that United States exported to Egypt are Soybeans ($1.97B), Petroleum Gas ($763M), and Coal Briquettes ($396M). During the last 27 years the exports of United States to Egypt have increased at an annualized rate of 2.89%, from $3.06B in 1995 to $6.61B in 2022.

In 2022, United States did not export any services to Egypt.

Egypt-United States In 2022, Egypt exported $3.21B to United States. The main products that Egypt exported to United States were Non-Knit Men's Suits ($328M), Knit Sweaters ($281M), and Knit T-shirts ($234M). During the last 27 years the exports of Egypt to United States have increased at an annualized rate of 5.94%, from $675M in 1995 to $3.21B in 2022.

In 2022, Egypt did not export any services to United States.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Egypt ranked 66 in the Economic Complexity Index (ECI -0.069), and 59 in total exports ($53.9B).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (17.4k), SIGMA CORPORATION (3.12k), and GUESS, INC. (2.16k) were at the forefront of exporting goods from Egypt to the United States. Conversely, ORIENTAL WEAVERS INTERNATIONAL PRIV (4.51k), MAC CARPET (2.07k), and CALCUTTA EXPORT COMPANY (1.46k) were notable for importing Egypt products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $341M and imported $136M from Egypt, resulting in a positive trade balance of $205M. Between January 2023 and January 2024 the exports of United States have increased by $9.61M (2.9%) from $332M to $341M, while imports decreased by $-105M (-43.5%) from $242M to $136M.

Trade In January 2024, the top exports of United States to Egypt were Petroleum Gas ($43.1M), Aircraft Parts ($33.3M), Wheat ($25.2M), Coal Briquettes ($22.8M), and Military Weapons ($13.1M). In January 2024 the top imports of United States from Egypt were Nitrogenous Fertilizers ($28.3M), Non-Knit Women's Suits ($27.9M), Non-Knit Men's Suits ($24.3M), Knit Sweaters ($20.8M), and Knit Men's Shirts ($13.3M).

Origins In January 2024 the exports of United States were mainly from Texas ($106M), Louisiana ($82.7M), Virginia ($29.8M), Dist of Columbia ($15.7M), and North Carolina ($10.9M), while imports destinations were mainly Texas ($19.8M), New York ($19M), New Jersey ($15.1M), Georgia ($13M), and California ($12.4M).

Growth In January 2024, the increase in United States's year-by-year exports to Egypt was explained primarily by an increase in product exports in Aircraft Parts ($27.7M or 493%), Coal Briquettes ($11.8M or 107%), and Wheat ($11.5M or 84.1%). In January 2024, the decrease in United States's year-by-year imports from Egypt was explained primarily by an decrease in product imports in Polyacetals ($-10.1M or -98.7%), Knit Men's Suits ($-8.55M or -45.8%), and Knit Sweaters ($-5.95M or -22.3%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$9.61M(2.9%)

IMPORT GROWTH (January 2023 - January 2024)$-105M(-43.5%)

MAIN EXPORTER (January 2024)Texas$106M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Egypt and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $6.61B to Egypt. The main products exported from United States to Egypt were Soybeans ($1.97B), Petroleum Gas ($763M), and Coal Briquettes ($396M). During the last 27 years the exports of United States to Egypt have increased at an annualized rate of 2.89%, from $3.06B in 1995 to $6.61B in 2022.

In 2022, Egypt exported $3.21B to United States. The main products exported from Egypt to United States were Non-Knit Men's Suits ($328M), Knit Sweaters ($281M), and Knit T-shirts ($234M). During the last 27 years the exports of Egypt to United States have increased at an annualized rate of 5.94%, from $675M in 1995 to $3.21B in 2022.

Exports from United States () to Egypt () (2022)

Exports from Egypt () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Egypt
Top DestinationTurkey$4.23B

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

In 2021, countries that imported more from United States than Egypt were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Egypt than United States were Libya ($960M), Sudan ($789M), and Palestine ($459M).

Difference in imports from Egypt () and United States () (2022)

Comparative Advantage United States - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Egypt in the exports of Vegetable Products ($2.18B), Mineral Products ($1.5B), and Chemical Products ($727M).

During 2022, Egypt had a large net trade with United States in the exports of Textiles ($1.92B), Vegetable Products ($204M), and Foodstuffs ($200M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United States has comparative advantage over Egypt. Similarly, the more yellow a dot/product is, the more Egypt has comparative advantage over United States.

Product Space of United States () and Egypt () (2022)

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