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THE OPTIMAL STRATEGY FOR EGYPTIAN FOREIGN TRADE WITH AFRICAN BLOCS - SWOT ANALYSIS

Article

Last updated: 03 Jan 2025

Subjects

-

Tags

Economics

Abstract

The research aims to analyze the internal and external environment to determine the strengths, weaknesses, opportunities and threats facing the Egyptian foreign trade in order to reach a set of recommendations that can benefit the makers of the Egyptian economic policy in this field. The study found, through the analysis of the SWOT matrix, a number of strategies through which it is possible to increase strengths, maximize opportunities, and reduce weaknesses and threats facing intra-trade between Egypt and the countries of the three African blocs under study. and African countries and strengthening relations with these countries through training courses. (2) Raising the efficiency of sea, air and land ports to facilitate the passage of exports between African countries on the one hand, and between African and European countries and vice versa on the other. (3) Importing the technology and expertise of foreign countries in the field of improving the quality of products destined for export. (4) Benefiting from the state's interest in expanding in the export sector by establishing economic blocs and common markets with the countries of the African assembly to overcome the intensity of competition between the Egyptian product and its competing products from other markets. (5) Apply the results of scientific research, studies and foreign experiences to overcome the inefficiency and adequacy of the available resources and find alternatives to face any possible developments in the countries importing Egyptian products.

DOI

10.21608/jes.2022.141835.1247

Keywords

SWOT Analysis, Egyptian-African foreign trade, strategies, Egypt

Authors

First Name

Ola Gamal

Last Name

kassem

MiddleName

-

Affiliation

Department of Economics, Higher Institute of Computers and Management Information Systems, Ministry of Higher Education, Egypt

Email

olagamal510@yahoo.com

City

giza

Orcid

-

First Name

Abeer

Last Name

Frahat

MiddleName

-

Affiliation

Faculty of Commerce, Ain Shams University

Email

abeerali@yahoo.com

City

cairo

Orcid

-

First Name

Mohamed A.

Last Name

Elsayed

MiddleName

-

Affiliation

Department of Economics and Rural Development, Faculty of Agricultural and Environmental Sciences, Al-Arish University

Email

melsayed81@ymail.com

City

Cairo

Orcid

-

Volume

51

Article Issue

7

Related Issue

36432

Issue Date

2022-07-01

Receive Date

2022-06-02

Publish Date

2022-07-01

Page Start

301

Page End

330

Print ISSN

1110-0826

Online ISSN

2636-3178

Link

https://jes.journals.ekb.eg/article_254529.html

Detail API

https://jes.journals.ekb.eg/service?article_code=254529

Order

86

Type

Review Article

Type Code

599

Publication Type

Journal

Publication Title

Journal of Environmental Science

Publication Link

https://jes.journals.ekb.eg/

MainTitle

THE OPTIMAL STRATEGY FOR EGYPTIAN FOREIGN TRADE WITH AFRICAN BLOCS - SWOT ANALYSIS

Details

Type

Article

Created At

22 Jan 2023