2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
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2022
Flag
 GDP
$477BCURRENT US$
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2012-2022
Flag
GDP GROWTH
70.8%CURRENT US$
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2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP PC GROWTH
40.4%CURRENT US$
Rnk 48 / 186

About

Canada-Egypt Trade: In 2022, Canada exported $342M to Egypt. The main products that Canada exported to Egypt were Soybeans ($53.4M), Gold ($50.9M), and Concentrated Milk ($33.1M). Over the past 5 years the exports of Canada to Egypt have increased at an annualized rate of 4.71%, from $272M in 2017 to $342M in 2022.

In 2020, Canada exported services to Egypt worth $90.2M, with Travel ($65.6M), Royalties and license fees ($11.2M), and Government services, n.i.e. ($5.97M) being the largest in terms of value.

Egypt-Canada Trade: In 2022, Egypt exported $1.03B to Canada. The main products that Egypt exported to Canada were Gold ($799M), Coated Flat-Rolled Iron ($26.8M), and Hot-Rolled Iron ($19M). Over the past 5 years the exports of Egypt to Canada have increased at an annualized rate of 5.33%,  from $796M in 2017 to $1.03B in 2022.

In 2022, Egypt did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $342M to Egypt. The main products exported from Canada to Egypt were Soybeans ($53.4M), Gold ($50.9M), and Concentrated Milk ($33.1M). During the last 5 years the exports of Canada to Egypt have increased at an annualized rate of 4.71%, from $272M in 2017 to $342M in 2022.

In 2017, Egypt exported $1.03B to Canada. The main products exported from Egypt to Canada were Gold ($799M), Coated Flat-Rolled Iron ($26.8M), and Hot-Rolled Iron ($19M). During the last 5 years the exports of Egypt to Canada have increased at an annualized rate of 5.33%, from $796M in 2022 to $1.03B in 2017.

Exports from Canada (Flag) to Egypt (Flag) (2022)

Exports from Egypt (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Egypt
Top Destination
Turkey$4.23B

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

In 2022, countries that imported more from Canada than Egypt included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Egypt than Canada included Turkey ($4.23B), Greece ($1.63B), and Saudi Arabia ($2.35B).

Difference in imports from Egypt (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Egypt

Flow
Scale

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

During 2022, Canada had a large net trade with Egypt in the exports of Vegetable Products ($76.9M), Machines ($71M), and Animal Products ($59.1M).

During 2017, Egypt had a large net trade with Canada in the exports of Precious Metals ($799M), Metals ($83.2M), and Textiles ($66.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Egypt+$22MIron Ore
Top Product Potential Egypt Canada+$8.73MNon-Knit Men's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Egypt. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Egypt (Flag) (2022)

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