2023
Flag  
GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC 
$3,457CURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Egypt-Venezuela Trade: In 2023, Egypt exported $6.28M to Venezuela. The main products that Egypt exported to Venezuela were Other Uncoated Paper ($1.36M), Polyacetals ($1.18M), and Household Washing Machines ($643k). Over the past 5 years the exports of Egypt to Venezuela have increased at an annualized rate of 21%, from $2.42M in 2018 to $6.28M in 2023.

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

Venezuela-Egypt Trade: In 2023, Venezuela exported $18.9M to Egypt. The main products that Venezuela exported to Egypt were Scrap Iron ($18.9M), Video Displays ($1.39k), and Other Footwear ($99). Over the past 5 years the exports of Venezuela to Egypt have increased at an annualized rate of 17.2%,  from $8.51M in 2018 to $18.9M in 2023.

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

Comparison: In 2023,  Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Egypt exported $6.28M to Venezuela. The main products exported from Egypt to Venezuela were Other Uncoated Paper ($1.36M), Polyacetals ($1.18M), and Household Washing Machines ($643k). During the last 5 years the exports of Egypt to Venezuela have increased at an annualized rate of 21%, from $2.42M in 2018 to $6.28M in 2023.

In 2018, Venezuela exported $18.9M to Egypt. The main products exported from Venezuela to Egypt were Scrap Iron ($18.9M), Video Displays ($1.39k), and Other Footwear ($99). During the last 5 years the exports of Venezuela to Egypt have increased at an annualized rate of 17.2%, from $8.51M in 2023 to $18.9M in 2018.

Exports from Egypt (Flag) to Venezuela (Flag) (2023)

Exports from Venezuela (Flag) to Egypt (Flag) (2023)

Latest Data

Trade between Egypt (Flag) and Venezuela (Flag)

Egypt Exports

Market Competitiveness

Color
Egypt
Top Destination
Saudi Arabia$5.31B
Venezuela
Top Destination
United States$3.81B

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

In 2023, countries that imported more from Egypt than Venezuela included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

In 2023, countries that imported more from Venezuela than Egypt included United States ($3.81B), Colombia ($131M), and Ecuador ($41.5M).

Difference in imports from Venezuela (Flag) and Egypt (Flag) (2023)

Comparative Advantage Egypt - Venezuela

Flow
Scale

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

During 2023, Egypt had a large net trade with Venezuela in the exports of Paper Goods ($1.41M), Plastics and Rubbers ($1.29M), and Vegetable Products ($821k).

During 2018, Venezuela had a large net trade with Egypt in the exports of Metals ($18.9M), Machines ($1.39k), and Footwear and Headwear ($99).

Economic Complexity

Competitive Landscape

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

Product Space of Egypt (Flag) and Venezuela (Flag) (2023)

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