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Pricing

2022
Flag → Flag
Exports $1.53BRnk 45 / 220
2022
Flag → Flag
Top Product $204MCars
2022
Flag → Flag
Exports $1.56BRnk 11 / 184
2022
Flag → Flag
Top Product $739MPetroleum Gas
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI -0.1Rnk 69 / 133
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$477BCURRENT US$
Rnk 31 / 186
2012-2022
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GDP GROWTH70.8%CURRENT US$
Rnk 29 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$4,295CURRENT US$
Rnk 117 / 186
2012-2022
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GDP PC GROWTH40.4%CURRENT US$
Rnk 48 / 186

About

South Korea-Egypt Trade: In 2022, South Korea exported $1.53B to Egypt. The main products that South Korea exported to Egypt were Cars ($204M), Propylene Polymers ($71.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($64M). Over the past 5 years the exports of South Korea to Egypt have decreased at an annualized rate of 1.9%, from $1.68B in 2017 to $1.53B in 2022.

In 2022, South Korea did not export any services to Egypt.

Egypt-South Korea Trade: In 2022, Egypt exported $1.56B to South Korea. The main products that Egypt exported to South Korea were Petroleum Gas ($739M), Refined Petroleum ($710M), and Starch Residue ($47.2M). Over the past 5 years the exports of Egypt to South Korea have increased at an annualized rate of 73.3%,  from $99.6M in 2017 to $1.56B in 2022.

In 2022, Egypt did not export any services to South Korea.

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Latest Trends

October, 2024

About

Overview In October 2024, South Korea exported $151M and imported $6.29M from Egypt, resulting in a positive trade balance of $145M. Between October 2023 and October 2024 the exports of South Korea have increased by $49M (47.9%) from $102M to $151M, while imports decreased by $-573k (-8.35%) from $6.86M to $6.29M.

Trade In October 2024, the top exports of South Korea to Egypt were Machinery, mechanical appliances, & parts ($20.9M), Cars, tractors, trucks & parts thereof. ($15.4M), Plastics & articles thereof ($12.2M), Mineral fuels, mineral oils and products... ($6.69M), and Iron & steel ($5.52M). In October 2024 the top imports of South Korea from Egypt were Mineral fuels, mineral oils and products... ($341M), Stone, plaster, cement, asbestos, mica. ($2.61M), Food residues & wastes; animal fodder ($1.67M), Knitted clothing accesories ($471k), and Non-knitted clothing accesories ($361k).

Growth In October 2024, the increase in South Korea's year-by-year exports to Egypt was explained primarily by an increase in product exports in Mineral fuels, mineral oils and products... ($6.68M or 39.3k%), Machinery, mechanical appliances, & parts ($3.32M or 18.9%), and Iron/Steel Articles ($1.06M or 95.7%). In October 2024, the decrease in South Korea's year-by-year imports  from Egypt was explained primarily by an decrease in product imports  in Food residues & wastes; animal fodder ($-2.34M or -58.3%), Fertilizers ($-1.11M or -100%), and Pharmaceutical products ($-169k or -58.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$49M(47.9%)
IMPORT GROWTH (October 2023 - October 2024)$-573k(-8.35%)

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

To check Egypt and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Egypt and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $1.53B to Egypt. The main products exported from South Korea to Egypt were Cars ($204M), Propylene Polymers ($71.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($64M). During the last 5 years the exports of South Korea to Egypt have decreased at an annualized rate of 1.9%, from $1.68B in 2017 to $1.53B in 2022.

In 2017, Egypt exported $1.56B to South Korea. The main products exported from Egypt to South Korea were Petroleum Gas ($739M), Refined Petroleum ($710M), and Starch Residue ($47.2M). During the last 5 years the exports of Egypt to South Korea have increased at an annualized rate of 73.3%, from $99.6M in 2022 to $1.56B in 2017.

Exports from South Korea (Flag) to Egypt (Flag) (2022)

Exports from Egypt (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Egypt
Top DestinationTurkey$4.23B

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

In 2022, countries that imported more from South Korea than Egypt included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Egypt than South Korea included Sudan ($789M), Libya ($960M), and Kuwait ($1.12B).

Difference in imports from Egypt (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Egypt

Flow
Scale

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

During 2022, South Korea had a large net trade with Egypt in the exports of Machines ($375M), Transportation ($349M), and Plastics and Rubbers ($328M).

During 2017, Egypt had a large net trade with South Korea in the exports of Mineral Products ($1.45B), Foodstuffs ($48.3M), and Stone And Glass ($33.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Egypt+$112MCars
Top Product Potential Egypt South Korea+$338MPetroleum 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 South Korea and Egypt. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over South Korea.

Product Space of South Korea (Flag) and Egypt (Flag) (2022)

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