2022
Flag  
GDP
$906BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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 GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
70.8%CURRENT US$
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2022
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GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
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2022
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GDP PC
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
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GDP PC GROWTH
40.4%CURRENT US$
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About

Turkey-Egypt Trade: In 2022, Turkey exported $4.71B to Egypt. The main products that Turkey exported to Egypt were Petroleum Coke ($250M), Hot-Rolled Iron ($229M), and Cars ($224M). Over the past 5 years the exports of Turkey to Egypt have increased at an annualized rate of 12%, from $2.68B in 2017 to $4.71B in 2022.

In 2009, Turkey exported services to Egypt worth $6.2M, with Other business services ($6.2M) being the largest in terms of value.

Egypt-Turkey Trade: In 2022, Egypt exported $4.23B to Turkey. The main products that Egypt exported to Turkey were Petroleum Gas ($1.62B), Nitrogenous Fertilizers ($207M), and Propylene Polymers ($188M). Over the past 5 years the exports of Egypt to Turkey have increased at an annualized rate of 14.4%,  from $2.16B in 2017 to $4.23B in 2022.

In 2022, Egypt did not export any services to Turkey.

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $4.71B to Egypt. The main products exported from Turkey to Egypt were Petroleum Coke ($250M), Hot-Rolled Iron ($229M), and Cars ($224M). During the last 5 years the exports of Turkey to Egypt have increased at an annualized rate of 12%, from $2.68B in 2017 to $4.71B in 2022.

In 2017, Egypt exported $4.23B to Turkey. The main products exported from Egypt to Turkey were Petroleum Gas ($1.62B), Nitrogenous Fertilizers ($207M), and Propylene Polymers ($188M). During the last 5 years the exports of Egypt to Turkey have increased at an annualized rate of 14.4%, from $2.16B in 2022 to $4.23B in 2017.

Exports from Turkey (Flag) to Egypt (Flag) (2022)

Exports from Egypt (Flag) to Turkey (Flag) (2022)

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Egypt
Top Destination
Turkey$4.23B

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

In 2022, countries that imported more from Turkey than Egypt included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Egypt than Turkey included Saudi Arabia ($2.35B), South Korea ($1.56B), and Sudan ($789M).

Difference in imports from Egypt (Flag) and Turkey (Flag) (2022)

Comparative Advantage Turkey - Egypt

Flow
Scale

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

During 2022, Turkey had a large net trade with Egypt in the exports of Metals ($964M), Mineral Products ($712M), and Machines ($613M).

During 2017, Egypt had a large net trade with Turkey in the exports of Mineral Products ($1.77B), Chemical Products ($698M), and Textiles ($623M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Egypt+$106MRefined Petroleum
Top Product Potential Egypt Turkey+$125MRefined 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 Turkey and Egypt. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over Turkey.

Product Space of Turkey (Flag) and Egypt (Flag) (2022)

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