Egypt-Iraq Bilateral Trade Analysis 2023
Complete trade statistics: $694.57M total volume •Egypt surplus: $694.57M
Egypt → Iraq
$694.57M
Exports (2023)
Iraq → Egypt
$0
Imports (2023)
Trade Balance
$694.57M
Surplus for Egypt
Total Trade
$694.57M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Egypt and Iraq. Green line shows exports from Egypt, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Egypt-Iraq commercial relationship and competitive positioning in global markets.
Egypt → Iraq Exports
Export Market Intelligence
🎯 Strategic Export Focus
Egypt's export portfolio to Iraq demonstrates strategic specialization, with reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen representing a key competitive advantage in this bilateral market.
Iraq → Egypt Imports
Import Dependency Profile
📦 Import Strategy Analysis
Egypt's import pattern from Iraq reveals significant dependencyin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Egypt demonstrates competitive strength in exportingreception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen to Iraq, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $694.57M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Egypt-Iraq Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $694.57 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Egypt maintains a surplus of $694.57 million
- Export Focus: Egypt's primary exports include reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen, plastics: tube, pipe and hose fittings (e.g. joints, elbows, flanges), odoriferous substances and mixtures: of a kind used in the food or drink industries
- Import Dependencies: Key imports from Iraq include oils: petroleum oils and oils obtained from bituminous minerals, crude, fruit, edible: dates, fresh or dried, plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $694.57M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Egypt leveraging its comparative advantages in reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Egypt's specialization in reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screencomplements Iraq's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $694.57M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $694.57M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $694.57 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Egypt's trade surplus of $694.57 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Egypt and Iraq represents a total trade volume of $694.57 million in 2023. This partnership demonstrates a favorable trade balance for Egypt, with exports exceeding importsby $694.57 million.
Export Strengths
Egypt's exports to Iraq total $694.57 million, with competitive advantages in reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen, representing $58.15M or8.4% of bilateral exports.
Import Dependencies
Imports from Iraq amount to $0.00, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Egypt's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Egypt and Iraq in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023