2022
Exports
$2.85BWorld Rnk 32 / 149
Flag Rnk 4 / 1140
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$3.87BWorld Rnk 36 / 158
Flag Rnk 3 / 1177
2022
ECONOMIC COMPLEXITY of Egypt
-0.1Rnk 69 / 133

About

Exports In 2022, Egypt exported $2.85B in Crude Petroleum, making it the 32nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most exported product in Egypt. The main destination of Crude Petroleum exports from Egypt are: India ($1.16B), Greece ($725M), Germany ($162M), Switzerland ($145M), and Italy ($142M).

The fastest growing export markets for Crude Petroleum of Egypt between 2021 and 2022 were Switzerland ($145M), France ($107M), and United Kingdom ($98.1M).

Imports In 2022, Egypt imported $3.87B in Crude Petroleum, becoming the 36th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most imported product in Egypt. Egypt imports Crude Petroleum primarily from: Saudi Arabia ($1.95B), Kuwait ($1.92B), and Netherlands ($1).

The fastest growing import markets in Crude Petroleum for Egypt between 2021 and 2022 were Kuwait ($1.15B) and Netherlands ($1).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.85B
IMPORTS (2022)$3.87B
NET TRADE (2022)-$1.01B

In 2022, Egypt exported $2.85B in Crude Petroleum. The main destinations of Egypt exports on Crude Petroleum were India ($1.16B), Greece ($725M), Germany ($162M), Switzerland ($145M), and Italy ($142M).

In 2022, Egypt imported $3.87B in Crude Petroleum, mainly from Saudi Arabia ($1.95B), Kuwait ($1.92B), and Netherlands ($1).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Egypt WERE (2021 - 2022):
Switzerland$145M (1%)
France$107M (1%)
United Kingdom$98.1M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Egypt WERE (2021 - 2022):
India-$294M (-20.2%)
Spain-$160M (-55.4%)
Bulgaria-$146M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Egypt's main exporting competitors in Crude Petroleum were:
In 2022, Egypt's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $654M
TOP IMPORT POTENTIALSaudi Arabia+ $445M

Crude Petroleum’s highest export potential is India. With an export gap of $654M.   Crude Petroleum’s highest import potential is Saudi Arabia with an import gap of $445M.

See methodology.

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