Egypt (EGY) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Egypt-Greece Trade: In 2023, Egypt exported $1.45B to Greece. The main products that Egypt exported to Greece were Crude Petroleum ($674M), Petroleum Gas ($313M), and Potatoes ($60.2M). Over the past 5 years the exports of Egypt to Greece have increased at an annualized rate of 13.2%, from $781M in 2018 to $1.45B in 2023.

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

Greece-Egypt Trade: In 2023, Greece exported $569M to Egypt. The main products that Greece exported to Egypt were Refined Petroleum ($262M), Raw Cotton ($120M), and Apples and Pears ($21.1M). Over the past 5 years the exports of Greece to Egypt have decreased at an annualized rate of 15.6%, from $1.33B in 2018 to $569M in 2023.

In 2020, Greece exported services to Egypt worth $535M, with Transportation ($525M), Other business services ($3.77M), and Construction services ($1.94M) 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Egypt exported $1.45B to Greece. The main products exported from Egypt to Greece were Crude Petroleum ($674M), Petroleum Gas ($313M), and Potatoes ($60.2M). During the last 5 years the exports of Egypt to Greece have increased at an annualized rate of 13.2%, from $781M in 2018 to $1.45B in 2023.

In 2018, Greece exported $569M to Egypt. The main products exported from Greece to Egypt were Refined Petroleum ($262M), Raw Cotton ($120M), and Apples and Pears ($21.1M). During the last 5 years the exports of Greece to Egypt have decreased at an annualized rate of 15.6%, from $1.33B in 2023 to $569M in 2018.

Exports from Egypt () to Greece () (2023)

Exports from Greece () to Egypt () (2023)

Latest Data

Trade between Egypt () and Greece ()

Egypt Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Egypt than Greece included Saudi Arabia ($5.31B), Turkey ($4.63B), and United Arab Emirates ($2.43B).

In 2023, countries that imported more from Greece than Egypt included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Egypt - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Egypt had a large net trade with Greece in the exports of Mineral Products ($1.06B), Chemical Products ($104M), and Vegetable Products ($89M).

During 2018, Greece had a large net trade with Egypt in the exports of Mineral Products ($282M), Textiles ($122M), and Vegetable Products ($30.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Greece+$260MPetroleum Gas

Top Product Potential Greece Egypt+$106MRefined Petroleum

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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Bilateral Service Trade

Grc Year

In 2020, Greece exported services to Egypt worth $535M, with Transportation ($525M), Other business services ($3.77M), and Construction services ($1.94M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Egypt () to Greece () (2023)

Exports from Greece () to Egypt () (2023)

Latest Data

Trade between Egypt () and Greece ()

Egypt Exports

Greece Exports

Market Competitiveness

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

Comparative Advantage Egypt - Greece

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Greece () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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