2023
Exports
$4.34BWorld Rnk 36 / 214
Flag Rnk 1 / 1152
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$8.52BWorld Rnk 28 / 226
Flag Rnk 1 / 1178
2023
ECONOMIC COMPLEXITY of Egypt
-0.11Rnk 66 / 132

About

Exports In 2023, Egypt exported $4.34B in Refined Petroleum, making it the 36th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Egypt. The main destination of Refined Petroleum exports from Egypt are: Saudi Arabia ($2.69B), Turkey ($480M), Italy ($239M), Lebanon ($195M), and Malaysia ($88.8M).

The fastest growing export markets for Refined Petroleum of Egypt between 2022 and 2023 were Turkey ($364M), Italy ($109M), and United Arab Emirates ($51.7M).

Imports In 2023, Egypt imported $8.52B in Refined Petroleum, becoming the 28th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Egypt. Egypt imports Refined Petroleum primarily from: Saudi Arabia ($2.15B), Kuwait ($1.57B), India ($1.32B), Bulgaria ($605M), and Italy ($564M).

The fastest growing import markets in Refined Petroleum for Egypt between 2022 and 2023 were Kuwait ($896M), India ($412M), and Russia ($316M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$4.34B
IMPORTS (2023)$8.52B
NET TRADE (2023)-$4.18B

In 2023, Egypt exported $4.34B in Refined Petroleum. The main destinations of Egypt exports on Refined Petroleum were Saudi Arabia ($2.69B), Turkey ($480M), Italy ($239M), Lebanon ($195M), and Malaysia ($88.8M).

In 2023, Egypt imported $8.52B in Refined Petroleum, mainly from Saudi Arabia ($2.15B), Kuwait ($1.57B), India ($1.32B), Bulgaria ($605M), and Italy ($564M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Egypt WERE (2022 - 2023):
Turkey$364M (316%)
Italy$109M (83.3%)
United Arab Emirates$51.7M (2.16k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Egypt WERE (2022 - 2023):
Saudi Arabia-$1.2B (-30.8%)
South Korea-$655M (-94.9%)
France-$142M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Egypt's main exporting competitors in Refined Petroleum were:
In 2023, Egypt's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $238M
TOP IMPORT POTENTIALIndia+ $567M

Refined Petroleum’s highest export potential is China. With an export gap of $238M.   Refined Petroleum’s highest import potential is India with an import gap of $567M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with