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2023
Flag → Flag
Exports $1.62BRnk 36 / 220
2023
Flag → Flag
Top Product $188MRefined Copper
2023
Flag → Flag
Exports $1.67BRnk 8 / 185
2023
Flag → Flag
Top Product $244MHot-Rolled Iron
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.11Rnk 66 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
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GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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 GDP$396BCURRENT US$
Rnk 38 / 195
2013-2023
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GDP GROWTH37.3%CURRENT US$
Rnk 99 / 195
2023
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GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC$3,457CURRENT US$
Rnk 139 / 196
2013-2023
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GDP PC GROWTH14.3%CURRENT US$
Rnk 121 / 195

About

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.

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.

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

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €100M and imported €95.5M from Egypt, resulting in a positive trade balance of €4.89M. Between November 2023 and November 2024 the exports of Spain have decreased by €-55.1M (-35.4%) from €155M to €100M, while imports decreased by €-21.7M (-18.5%) from €117M to €95.5M.

Trade In November 2024, the top exports of Spain to Egypt were Refined Copper (€34M), Weapons Parts and Accessories (€6.24M), Electrical Power Accessories (€3.49M), Cars (€3.06M), and Prepared Pigments (€2.79M). In November 2024 the top imports of Spain from Egypt were Nitrogenous Fertilizers (€38.7M), Crude Petroleum (€38M), Ethylene Polymers (€4.65M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (€4.39M), and Knit Sweaters (€4.36M).

Origins In November 2024 the exports of Spain were mainly from Madrid (€20.8M), Barcelona (€19.5M), Asturias (€9.52M), Valencia (€8.85M), and Sin provincia asignada (€4.4M), while imports destinations were mainly Barcelona (€19.4M), Zaragoza (€13M), Sevilla (€10.4M), Valencia (€7.01M), and Madrid (€6.28M).

Growth In November 2024, the decrease in Spain's year-by-year exports to Egypt was explained primarily by an decrease in product exports in Cars (€-8.77M or -74.1%), Packaged Medicaments (€-3.07M or -68.7%), and Raw Zinc (€-2.38M or -78%). In November 2024, the decrease in Spain's year-by-year imports  from Egypt was explained primarily by an decrease in product imports  in Hot-Rolled Iron (€-50.2M or -99.3%), Raw Aluminium (€-7.64M or -99.3%), and Raw Plastic Sheeting (€-3.63M or -67.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-55.1M(-35.4%)
IMPORT GROWTH (November 2023 - November 2024)€-21.7M(-18.5%)
MAIN EXPORTER (November 2024)Madrid€20.8M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Egypt and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Egypt and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $1.62B in 2023.

In 2018, 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 2023 to $1.67B in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Egypt
Top DestinationSaudi Arabia$5.31B

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

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

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

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

Comparative Advantage Spain - Egypt

Flow
Scale

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

During 2023, Spain had a large net trade with Egypt in the exports of Chemical Products ($317M), Metals ($304M), and Machines ($271M).

During 2018, Egypt had a large net trade with Spain in the exports of Chemical Products ($373M), Metals ($319M), and Mineral Products ($272M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Egypt+$77.9MCars
Top Product Potential Egypt Spain+$174MCrude 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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Economic Complexity

Competitive Landscape

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

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

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