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Trade between Egypt and South Korea

In 2024, Egypt exported $251 million to South Korea and imported $1.5 billion. Egypt ran a deficit of $1.3 billion with South Korea, compared with a deficit of $1.5 billion in 2019. South Korea was Egypt’s 21st largest trading partner (1% of its trade), and Egypt was South Korea’s 58th (0.1%).

Summary

Egypt → South Korea
$251million
South Korea → Egypt
$1.5billion
Egypt’s balance
-$1.3billion

Balance

Egypt’s trade balance with South Korea

Trade between Egypt and South Korea grew 3-fold since 1995

USD billions (current). Egypt’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.3
  • Imports 1.5
  • Balance -1.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$121 million$461 million-$340 million
1996$90 million$503 million-$414 million
1997$152 million$450 million-$297 million
1998$122 million$601 million-$480 million
1999$257 million$520 million-$263 million
2000$144 million$478 million-$334 million
2001$140 million$433 million-$293 million
2002$136 million$322 million-$186 million
2003$220 million$359 million-$140 million
2004$342 million$469 million-$127 million
2005$197 million$628 million-$432 million
2006$449 million$656 million-$206 million
2007$615 million$865 million-$250 million
2008$1.3 billion$1.4 billion-$91 million
2009$474 million$1.5 billion-$1.1 billion
2010$945 million$2.2 billion-$1.3 billion
2011$695 million$1.9 billion-$1.3 billion
2012$558 million$2 billion-$1.5 billion
2013$1 billion$1.8 billion-$774 million
2014$528 million$2.6 billion-$2.1 billion
2015$220 million$2.6 billion-$2.4 billion
2016$65 million$2.6 billion-$2.6 billion
2017$104 million$1.9 billion-$1.8 billion
2018$308 million$2.2 billion-$1.9 billion
2019$289 million$1.8 billion-$1.5 billion
2020$744 million$1.4 billion-$623 million
2021$611 million$1.8 billion-$1.2 billion
2022$1.5 billion$1.8 billion-$272 million
2023$635 million$1.6 billion-$927 million
2024$251 million$1.5 billion-$1.3 billion

What they sell each other

What Egypt sells to South Korea

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$85 million · 34%
    118 thousand tonnes · Egypt’s destinations
  2. Natural gas and LPG$53 million · 21.2%
    68 thousand tonnes
  3. Hot-rolled flat steel$46 million · 18.5%
    53 thousand tonnes
  4. Starch, sugar and brewing residues$27 million · 11%
    104 thousand tonnes
  5. Worked stone$9 million · 3.7%
    89 thousand tonnes
  6. Frozen fruit$3 million · 1.4%
    3 thousand tonnes
  7. Bread, biscuits and pastries$3 million · 1.2%
    1 thousand tonnes
  8. Men's suits and trousers$3 million · 1.1%
    82 tonnes
  9. Natural sand$2 million · 0.92%
    25 thousand tonnes
  10. Medicines in measured doses or retail packs$2 million · 0.62%
    576 tonnes · South Korea’s sources

What South Korea sells to Egypt

The top 10 headings in 2024, with their share of the total.

  1. Cars$417 million · 27.7%
    45 thousand tonnes · South Korea’s destinations
  2. Microchips$71 million · 4.7%
    20 tonnes · South Korea’s destinations
  3. Auto parts$60 million · 4%
    10 thousand tonnes · South Korea’s destinations
  4. Polypropylene$48 million · 3.2%
    31 thousand tonnes · South Korea’s destinations
  5. Cameras and broadcast equipment$45 million · 3%
    836 tonnes
  6. Polystyrene$45 million · 3%
    23 thousand tonnes
  7. Coated flat steel$37 million · 2.5%
    28 thousand tonnes
  8. Polyethylene$31 million · 2%
    18 thousand tonnes · South Korea’s destinations
  9. Polyethers, polyesters and epoxy resins$30 million · 2%
    13 thousand tonnes
  10. Firearm parts$27 million · 1.8%
    625 tonnes

How it travels

Estimated sea route from Alexandria to Busan.

The estimated sea route between Alexandria and Busan is 15,264 nautical miles (28,269 km) long: ≈ 35.5–45.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (15,264 nautical miles); and 15% via the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (7,794 nautical miles).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.4 billion · 82.1%
  2. Air$314 million · 17.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

South Korea was Egypt’s 21st largest trading partner (1% of its trade), and Egypt was South Korea’s 58th (0.1%).

South Korea in Egypt’s trade
1.2%
South Korea’s rank among Egypt’s partners
21st
Egypt in South Korea’s trade
0.1%
Egypt’s rank among South Korea’s partners
58th

Compare with

Other partners of Egypt

Other partners of South Korea

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.