2022
Exports
$2.88BWorld Rnk 43 / 214
Flag Rnk 3 / 1140
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$6.33BWorld Rnk 45 / 225
Flag Rnk 1 / 1177
2022
ECONOMIC COMPLEXITY of Egypt
-0.1Rnk 69 / 133

About

Exports In 2022, Egypt exported $2.88B in Refined Petroleum, making it the 43rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Egypt. The main destination of Refined Petroleum exports from Egypt are: South Korea ($710M), Slovenia ($218M), Saudi Arabia ($204M), China ($204M), and Lebanon ($185M).

The fastest growing export markets for Refined Petroleum of Egypt between 2021 and 2022 were South Korea ($333M), Lebanon ($148M), and France ($94.6M).

Imports In 2022, Egypt imported $6.33B in Refined Petroleum, becoming the 45th 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 ($1.92B), United Arab Emirates ($1B), India ($906M), Italy ($738M), and Kuwait ($624M).

The fastest growing import markets in Refined Petroleum for Egypt between 2021 and 2022 were India ($875M), United Arab Emirates ($856M), and Kuwait ($623M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.88B
IMPORTS (2022)$6.33B
NET TRADE (2022)-$3.44B

In 2022, Egypt exported $2.88B in Refined Petroleum. The main destinations of Egypt exports on Refined Petroleum were South Korea ($710M), Slovenia ($218M), Saudi Arabia ($204M), China ($204M), and Lebanon ($185M).

In 2022, Egypt imported $6.33B in Refined Petroleum, mainly from Saudi Arabia ($1.92B), United Arab Emirates ($1B), India ($906M), Italy ($738M), and Kuwait ($624M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Egypt WERE (2021 - 2022):
South Korea$333M (88%)
Lebanon$148M (393%)
France$94.6M (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Egypt WERE (2021 - 2022):
United States-$684M (-86.2%)
Saudi Arabia-$494M (-70.7%)
Greece-$402M (-75.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Egypt's main exporting competitors in Refined Petroleum were:
In 2022, Egypt's main importing competitors in Refined Petroleum were:

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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.

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