2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$3,457CURRENT US$
Rnk 139 / 196
2013-2023
Flag
GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Italy-Egypt Trade: In 2023, Italy exported $3.44B to Egypt. The main products that Italy exported to Egypt were Refined Petroleum ($564M), Valves ($102M), and Other Heating Machinery ($95.6M). Over the past 5 years the exports of Italy to Egypt have decreased at an annualized rate of 0.046%, from $3.45B in 2018 to $3.44B in 2023.

In 2020, Italy exported services to Egypt worth $1.07B, with Other business services ($943M), Transportation ($60.2M), and Travel ($29.9M) being the largest in terms of value.

Egypt-Italy Trade: In 2023, Egypt exported $2.9B to Italy. The main products that Egypt exported to Italy were Petroleum Gas ($279M), Raw Aluminium ($255M), and Nitrogenous Fertilizers ($245M). Over the past 5 years the exports of Egypt to Italy have increased at an annualized rate of 0.24%,  from $2.87B in 2018 to $2.9B in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $3.44B to Egypt. The main products exported from Italy to Egypt were Refined Petroleum ($564M), Valves ($102M), and Other Heating Machinery ($95.6M). During the last 5 years the exports of Italy to Egypt have decreased at an annualized rate of 0.046%, from $3.45B in 2018 to $3.44B in 2023.

In 2018, Egypt exported $2.9B to Italy. The main products exported from Egypt to Italy were Petroleum Gas ($279M), Raw Aluminium ($255M), and Nitrogenous Fertilizers ($245M). During the last 5 years the exports of Egypt to Italy have increased at an annualized rate of 0.24%, from $2.87B in 2023 to $2.9B in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Egypt
Top Destination
Saudi Arabia$5.31B

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

In 2023, countries that imported more from Italy than Egypt included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Egypt than Italy included Sudan ($983M), Palestine ($496M), and Yemen ($356M).

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

Comparative Advantage Italy - Egypt

Flow
Scale

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

During 2023, Italy had a large net trade with Egypt in the exports of Machines ($1.4B), Mineral Products ($644M), and Metals ($392M).

During 2018, Egypt had a large net trade with Italy in the exports of Mineral Products ($732M), Metals ($694M), and Chemical Products ($449M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Egypt+$98.2MRefined Petroleum
Top Product Potential Egypt Italy+$565MPetroleum Gas

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 Italy and Egypt. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over Italy.

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

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