Egypt

ECON COMPLEXITY (2018)

-0.079

RANK 71 OF 137

PRODUCT EXPORTS (2018)

$35.2B

RANK 62 OF 222

EXPORTS PER CAPITA (2018)

$358

RANK 18 OF 219

PRODUCT IMPORTS (2018)

$83.9B

RANK 42 OF 221

IMPORTS PER CAPITA (2018)

$853

RANK 14 of 219

SERVICE EXPORTS (2015)

$17.7B

RANK 45 OF 170

SERVICE IMPORTS (2015)

$13.8B

RANK 52 OF 170

GDP (2018)

$251B

CURRENT US$
RANK 43 OF 196

GDP GROWTH (2008-2018)

54.1%

CURRENT US$
RANK 76 OF 196

GDP PC (2018)

$2,549

CURRENT US$
RANK 142 OF 196

GDP PC GROWTH (2008-2018)

24.7%

CURRENT US$
RANK 97 OF 196

Overview: In 2018 Egypt was the number 43 economy in the world in terms of GDP (current US$), the number 62 in total exports, the number 42 in total imports, and the number 71 most complex economy according to the Economic Complexity Index (ECI). In 2018, Egypt exported $35.2B and imported $83.9B, resulting in a negative trade balance of -$48.7B. In 2018, Egypt’s exports per capita were $358 and its imports per capita were $853.

Trade: The top exports of Egypt are Crude Petroleum ($4.93B), Refined Petroleum ($1.99B), Gold ($1.86B), Nitrogenous Fertilizers ($1.39B), and Petroleum Gas ($1.17B). The top imports of Egypt are Wheat($4.54B), Refined Petroleum ($4.44B), Crude Petroleum ($3.28B), Semi-Finished Iron ($2.68B), and Cars ($2.35B).

Destinations: Egypt exports mostly to Italy ($2.67B), United States ($2.48B), Turkey ($2.41B), United Arab Emirates ($2B), and Saudi Arabia ($1.6B), and imports mostly from China ($12.3B), Russia($7.75B), United States ($4.93B), Germany ($3.83B), and Saudi Arabia($3.53B).

Location: Egypt borders Israel, Libya, and Sudan by land and Cyprus, Greece, Jordan, Saudi Arabia, and Turkey by sea.

Exports

In 2018 Egypt exported a total of $35.2B, making it the number 62 exporter in the world. During the last five reported years the exports of Egypt have changed by -$672M from $35.9B in 2013 to $35.2B in 2018.

The most recent exports are led by Crude Petroleum ($4.93B), Refined Petroleum ($1.99B), Gold ($1.86B), Nitrogenous Fertilizers ($1.39B), and Petroleum Gas ($1.17B). 

Imports

In 2018 Egypt imported $83.9B, making it the number 42 trade destination in the world. During the last five reported years the imports of Egypt changed by $14.3B from $69.6B in 2013 to $83.9B in 2018.

The most recent imports of Egypt are led by Wheat ($4.54B), Refined Petroleum ($4.44B), Crude Petroleum ($3.28B), Semi-Finished Iron ($2.68B), and Cars ($2.35B). 

Trade Balance

As of 2018 Egypt had a negative trade balance of $34B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $10B in net imports.

Destinations

The most common destination for the exports of Egypt are Italy ($2.67B), United States ($2.48B), Turkey ($2.41B), United Arab Emirates ($2B), and Saudi Arabia ($1.6B).

Origins

The most common import partners for Egypt are China ($12.3B), Russia ($7.75B), United States ($4.93B), Germany ($3.83B), and Saudi Arabia ($3.53B).