Egypt2019 Economic Complexity: 0.0025, Rank 75 of 157
2019 Product Exports | Imports: $36.7B | $82.5B, 59 of 225 | 42 of 225
2019 Per Capita Product Exports | Imports: $365 | $822, 162 of 219 | 160 of 219
2015 Service Exports | Imports : $17.7B | $13.8B, 45 of 170 | 52 of 170
Overview: In 2019 Egypt was the number 39 economy in the world in terms of GDP (current US$), 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 75 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), Cotton Sewing Thread ($15.7M)
Location: Egypt borders Israel, Libya, and Sudan by land and Cyprus, Greece, Jordan, Saudi Arabia, and Turkey by sea.
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).
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).
Fastest Growing Export Markets (2018 - 2019)
Egypt Exports Services (2015): $17.7B
Egypt Imports Services (2015): $13.8B
In 2015, Egypt exported $17.7B worth of services. The top services exported by Egypt in 2015 were Travel ($6.07B), Other transport ($5.94B), Sea transport ($2.78B), Air transport ($1.01B), and Construction services ($537M).
The top services imported by Egypt in 2015 were Sea transport ($6.43B), Miscellaneous business, professional, and technical services ($2.26B), Insurance services ($1.69B), Construction services ($1.52B), and Government services, n.i.e. ($795M).
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:
During the last 20 years Egypt's economy has become relatively más complex, moving from the 91st to the 75th 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.
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.
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.
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.
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.
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