Overview In 2019 Egypt was the number 39 economy in the world in terms of GDP (current US$), the number 59 in total exports, the number 42 in total imports, the number 131 economy in terms of GDP per capita (current US$) and the number 73 most complex economy according to the Economic Complexity Index (ECI).

Exports The top exports of Egypt are Crude Petroleum ($4.23B), Refined Petroleum ($3.34B), Gold ($2.07B), Petroleum Gas ($1.79B), and Nitrogenous Fertilizers ($1.41B), exporting mostly to United States ($3.24B), United Arab Emirates ($2.32B), Italy ($2.31B), Turkey ($2.12B), and Saudi Arabia ($2.07B).

In 2019, Egypt was the world's biggest exporter of Aluminium Powder ($177M)

Imports The top imports of Egypt are Refined Petroleum ($5.87B), Wheat ($4.67B), Crude Petroleum ($2.62B), Cars ($2.24B), and Packaged Medicaments ($1.79B), importing mostly from China ($12.5B), Russia ($5.46B), United States ($5.06B), Saudi Arabia ($5.05B), and Germany ($4.05B).

In 2019, Egypt was the world's biggest importer of Wheat ($4.67B), Asphalt ($187M), and Cotton Sewing Thread ($15.7M)

Location Egypt borders Israel, Libya, and Sudan by land and Cyprus, Greece, Jordan, Saudi Arabia, and Turkey by sea.

Historical Data

#permalink to section

Yearly Exports

#permalink to section
Value
Compare to
Depth

Top Export (2019): Crude Petroleum, $4.23B

Top Destination (2019): United States, $3.24B

In 2019, Egypt exported a total of $36.7B, making it the number 59 exporter in the world. During the last five reported years the exports of Egypt have changed by $2.94B from $33.7B in 2014 to $36.7B in 2019.

The most recent exports are led by Crude Petroleum ($4.23B), Refined Petroleum ($3.34B), Gold ($2.07B), Petroleum Gas ($1.79B), and Nitrogenous Fertilizers ($1.41B). The most common destination for the exports of Egypt are United States ($3.24B), United Arab Emirates ($2.32B), Italy ($2.31B), Turkey ($2.12B), and Saudi Arabia ($2.07B).

Explore Visualizations

Yearly Imports

#permalink to section
Value
Compare to
Depth

Top Import (2019): Refined Petroleum, $5.87B

Top Origin (2019): China, $12.5B

In 2019 Egypt imported $82.5B, making it the number 42 trade destination in the world. During the last five reported years the imports of Egypt changed by -$4.91B from $87.4B in 2014 to $82.5B in 2019.

The most recent imports of Egypt are led by Refined Petroleum ($5.87B), Wheat ($4.67B), Crude Petroleum ($2.62B), Cars ($2.24B), and Packaged Medicaments ($1.79B). The most common import partners for Egypt are China ($12.5B), Russia ($5.46B), United States ($5.06B), Saudi Arabia ($5.05B), and Germany ($4.05B).

Explore Visualizations

Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 2019)

Egypt Exports Services (2019): $25.1B

Egypt Imports Services (2019): $21.2B

In 2019, Egypt exported $25.1B worth of services. The top services exported by Egypt in 2019 were Personal travel ($13B), Transportation ($8.5B), Computer and information services ($836M), Government services, n.i.e. ($797M), and Other business services ($683M).

The top services imported by Egypt in 2019 were Transportation ($8.55B), Other business services ($4.58B), Personal travel ($3.43B), Insurance services ($2.24B), and Government services, n.i.e. ($779M).

Tariffs by Product

#permalink to section

The top product import tariffs by their MFN Ad Valorem value for Egypt are Fermented beverages nes (eg cider, perry, mead, etc) (3k%) and Gin and Geneva (3k%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

*The tariffs applied to imports for Egypt are:
115: Common Market for Eastern and Southern Africa (Group I) FTA Member States
136: Most Favoured Nation duty rate treatement
211: Preferential tariff for Eritrea (COMESA)
214: Preferential tariff for Ethiopia (COMESA)
219: Preferential tariff for European Union countries (AA) Association Agreement
224: Preferential tariff for for occupied Palestinian territory
238: Preferential tariff for Iceland
243: Preferential tariff for Iraq
247: Preferential tariff for Jordan
260: Preferential tariff for Lybia
269: Preferential tariff for MERCOSUR countries (Southern Common Market)
273: Preferential tariff for Morocco
281: Preferential tariff for Norway
305: Preferential tariff for Sudan
307: Preferential tariff for Switzerland and Liechtenstein
308: Preferential tariff for Syria
313: Preferential tariff for the League of Arab States
321: Preferential tariff for Tunisia
322: Preferential tariff for Turkey
324: Preferential tariff for Uganda (COMESA)
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries
338: Preferential tariff under Agadir agreement (Jordan, Morocco and Tunisia)

Economic Complexity

#permalink to section

Most Specialized Products by RCA Index

#permalink to section

Egypt has a high level of specialization in Aluminium Powder (124), Phosphatic Fertilizers (57.8), Preserved Vegetables (35.7), Collector's Items (33.6), and Calcium Phosphates (32.7). Specialization is measured using RCA, an index that takes the ratio between Egypt observed and expected exports in each product.

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Egypt according to the product complexity index (PCI) are Cast and rolled glass, sheets and profiles (1.63), Glues and adhesives nes, pack <1kg (1.13), Nonwovens textiles except felt (1.08), Ceramic, glass pigments, opacifiers, colours, enamels (1.05), and Glass in balls, rods or tubes, unworked (1.02). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities for Egypt according to the relatedness index, are Raw Tobacco (0.35), Tanned Sheep Hides (0.35), Crustaceans (0.35), Chromium Ore (0.34), and Pharmaceutical Animal Products (0.33). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Egypt is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

#permalink to section

This network shows the products most related to the production structure of Egypt. These are products that tend to be co-exported with the products that Egypt exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Filter
Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.

Economic Complexity Ranking

#permalink to section
Scale

During the last 20 years Egypt's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨70th to the 73rd⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings