2022
Exports
$422kWorld Rnk 46 / 91
Flag Rnk 711 / 1140
2022
PRODUCT COMPLEXITY IN Steel Ingots
0.23Rnk 480 / 1025
2022
Imports
$319kWorld Rnk 64 / 163
Flag Rnk 1022 / 1177
2022
ECONOMIC COMPLEXITY of Egypt
-0.1Rnk 69 / 133

About

Exports In 2022, Egypt exported $422k in Steel Ingots, making it the 46th largest exporter of Steel Ingots in the world. At the same year, Steel Ingots was the 711th most exported product in Egypt. The main destination of Steel Ingots exports from Egypt are: Morocco ($344k), Algeria ($68.9k), Kuwait ($7.11k), and Guatemala ($1.41k).

The fastest growing export markets for Steel Ingots of Egypt between 2021 and 2022 were Morocco ($344k), Algeria ($68.9k), and Kuwait ($5.98k).

Imports In 2022, Egypt imported $319k in Steel Ingots, becoming the 64th largest importer of Steel Ingots in the world. At the same year, Steel Ingots was the 1022nd most imported product in Egypt. Egypt imports Steel Ingots primarily from: Belgium ($242k), Turkey ($74.1k), and United Arab Emirates ($3.61k).

The fastest growing import markets in Steel Ingots for Egypt between 2021 and 2022 were Belgium ($242k) and Turkey ($72.8k).

Latest Trends

Oct 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 Steel Ingots. 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)$422k
IMPORTS (2022)$319k
NET TRADE (2022)$103k

In 2022, Egypt exported $422k in Steel Ingots. The main destinations of Egypt exports on Steel Ingots were Morocco ($344k), Algeria ($68.9k), Kuwait ($7.11k), and Guatemala ($1.41k).

In 2022, Egypt imported $319k in Steel Ingots, mainly from Belgium ($242k), Turkey ($74.1k), and United Arab Emirates ($3.61k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Ingots EXPORT MARKETS FOR Egypt WERE (2021 - 2022):
Morocco$344k (1%)
Algeria$68.9k (1%)
Kuwait$5.98k (525%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Ingots BY Egypt WERE (2021 - 2022):
Saudi Arabia-$969 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Egypt's main exporting competitors in Steel Ingots were:
In 2022, Egypt's main importing competitors in Steel Ingots were:

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Trade Value of Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKuwait+ $2.49k
TOP IMPORT POTENTIALTurkey+ $64.5k

Steel Ingots’s highest export potential is Kuwait. With an export gap of $2.49k.   Steel Ingots’s highest import potential is Turkey with an import gap of $64.5k.

See methodology.

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