Türkiye-Egypt Bilateral Trade Analysis 2023

Complete trade statistics: $8.05B total volume •Türkiye deficit: $1.11B

TürkiyeEgypt

$3.47B

Exports (2023)

EgyptTürkiye

$4.58B

Imports (2023)

Trade Balance

$1.11B

Deficit for Türkiye

Total Trade

$8.05B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Türkiye and Egypt. Green line shows exports from Türkiye, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Türkiye-Egypt commercial relationship and competitive positioning in global markets.

TürkiyeEgypt Exports

$3.47B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
3.3% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$112.91M
3.3% of exports
2Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$111.35M
3.2% of exports
3Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm
$96.35M
2.8% of exports
4Carbonates: disodium carbonate
$92.37M
2.7% of exports
5Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$64.53M
1.9% of exports
6Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified
$52.78M
1.5% of exports
7Cereals: maize (corn), other than seed
$49.40M
1.4% of exports
8Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$46.65M
1.3% of exports
9Fabrics, woven: containing 85% or more by weight of cotton, of yarns of different colours, weighing more than 200g/m2, denim
$40.19M
1.2% of exports
10Petroleum bitumen: obtained from bituminous minerals
$40.01M
1.2% of exports

🎯 Strategic Export Focus

Türkiye's export portfolio to Egypt demonstrates strong diversification across multiple sectors, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

EgyptTürkiye Imports

$4.58B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
18.0% concentration
1Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas
$824.29M
18.0% of imports
2Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$399.51M
8.7% of imports
3Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution
$358.55M
7.8% of imports
4Propylene, other olefin polymers: polypropylene in primary forms
$191.16M
4.2% of imports
5Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
$131.09M
2.9% of imports
6Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm
$113.64M
2.5% of imports
7Vinyl chloride, other halogenated olefin polymers: poly(vinyl chloride), not mixed with any other substances, in primary forms
$109.99M
2.4% of imports
8Fabrics, woven: containing 85% or more by weight of textured polyester filaments, dyed
$95.47M
2.1% of imports
9Ammonia: anhydrous
$83.55M
1.8% of imports
10Carbon: carbon blacks and other forms of carbon n.e.c.
$82.07M
1.8% of imports

📦 Import Strategy Analysis

Türkiye's import pattern from Egypt reveals strategic sourcingin petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Türkiye demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Egypt, leveraging comparative advantages.

Export Leader in 20+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $8.05B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Türkiye-Egypt Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $8.05 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Türkiye maintains a deficit of $1.11 billion
  • Export Focus: Türkiye's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm
  • Import Dependencies: Key imports from Egypt include petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

📈 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 $8.05B 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 Türkiye leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

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

1

Comparative Advantage

Türkiye's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Egypt's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $8.05B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
🔮

Trade Relationship Outlook

The $8.05B 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 $8.05 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and petroleum gases and other gaseous hydrocarbons: liquefied, natural gas demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

Türkiye's trade deficit of $1.11 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof present expansion opportunities.
Market Diversification
Beyond current focus on petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

🎯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 Türkiye and Egypt represents a total trade volume of $8.05 billion in 2023. This partnership demonstrates an unfavorable trade balance for Türkiye, with imports exceeding exportsby $1.11 billion.

Export Strengths

Türkiye's exports to Egypt total $3.47 billion, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $112.91M or3.3% of bilateral exports.

Import Dependencies

Imports from Egypt amount to $4.58 billion, highlighting economic interdependence in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, with Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas comprising18.0% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Türkiye's strategic sourcing from Egypt. 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 Türkiye and Egypt in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023