Egypt (EGY) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Egypt-Spain Trade: In 2023, Egypt exported $1.67B to Spain. The main products that Egypt exported to Spain were Hot-Rolled Iron ($244M), Nitrogenous Fertilizers ($215M), and Petroleum Gas ($162M). Over the past 5 years the exports of Egypt to Spain have increased at an annualized rate of 6.96%, from $1.19B in 2018 to $1.67B in 2023.

In 2023, Egypt did not export any services to Spain.

Spain-Egypt Trade: In 2023, Spain exported $1.62B to Egypt. The main products that Spain exported to Egypt were Refined Copper ($188M), Petroleum Coke ($88.1M), and Cars ($80.2M). Over the past 5 years the exports of Spain to Egypt have decreased at an annualized rate of 5.61%, from $2.16B in 2018 to $1.62B in 2023.

In 2009, Spain exported services to Egypt worth $163M, with Services not allocated ($163M) being the largest in terms of value.

Comparison: In 2023, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Egypt exported $1.67B to Spain. The main products exported from Egypt to Spain were Hot-Rolled Iron ($244M), Nitrogenous Fertilizers ($215M), and Petroleum Gas ($162M). During the last 5 years the exports of Egypt to Spain have increased at an annualized rate of 6.96%, from $1.19B in 2018 to $1.67B in 2023.

In 2018, Spain exported $1.62B to Egypt. The main products exported from Spain to Egypt were Refined Copper ($188M), Petroleum Coke ($88.1M), and Cars ($80.2M). During the last 5 years the exports of Spain to Egypt have decreased at an annualized rate of 5.61%, from $2.16B in 2023 to $1.62B in 2018.

Exports from Egypt () to Spain () (2023)

Exports from Spain () to Egypt () (2023)

Latest Data

Trade between Egypt () and Spain ()

Egypt Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Egypt than Spain included Saudi Arabia ($5.31B), Libya ($1.79B), and Sudan ($983M).

In 2023, countries that imported more from Spain than Egypt included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

Difference in imports from Spain () and Egypt () (2023)

Comparative Advantage Egypt - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Egypt had a large net trade with Spain in the exports of Chemical Products ($373M), Metals ($319M), and Mineral Products ($272M).

During 2018, Spain had a large net trade with Egypt in the exports of Chemical Products ($317M), Metals ($304M), and Machines ($271M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Spain+$174MCrude Petroleum

Top Product Potential Spain Egypt+$77.9MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Egypt () to Spain () (2023)

Exports from Spain () to Egypt () (2023)

Latest Data

Trade between Egypt () and Spain ()

Egypt Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Egypt () (2023)

Comparative Advantage Egypt - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Egypt () and Spain () (2023)

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