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367180

The Impact of the COMESA and Mercosur Agreements on the Egyptian Agricultural Trade Balance " أثر اتفاقية الكوميسا والميركسور علي الميزان التجاري الزراعي المصري"

Article

Last updated: 23 Dec 2024

Subjects

-

Tags

Agricultural Economic and Social Sciences

Abstract

Egypt has moved to strengthen its economic relations at the regional, international and bilateral levels, as
Egypt has signed many free trade agreements, with the aim of trying to benefit from these agreements, due to
the resulting commercial advantages of preferential treatment for the members of these agreements, and
therefore Egypt is trying to increase the volume of its trade. Foreign Affairs with the agreement countries, and
opening more markets for their exports, as an attempt to reduce the ongoing deficit in their agricultural trade
balance. Therefore, the study aimed to analyze and measure the impact of the COMESA and Mercosur
agreements on the Egyptian agricultural trade balance. The study reached a number of research results, the
most important of which is that the agricultural trade balance between Egypt and COMESA during the period
(2008-2022) achieves a surplus in favor of Egypt, while the agricultural trade balance between Egypt and
Mercosur during the same period suffers from a severe deficit, as shown by the results of the model. The
attractiveness between Egypt and COMESA: There is a direct effect of Egypt's GDP on the agricultural trade
balance surplus between Egypt and COMESA, while there is an inverse effect of COMESA's GDP, the
geographical distance between Egypt and COMESA, and Egypt's exchange rate on the agricultural trade
balance between Egypt and COMESA during the period studied. The results of the gravity model between
Egypt and Mercosur showed that there is a direct effect of the gross domestic product of the Mercosur
countries on the agricultural trade deficit between Egypt and Mercosur, while there is an inverse effect for
Egypt's GDP, the geographical distance between Egypt and Mercosur, and Egypt's exchange rate, and among
the most important recommendations of the research. An attempt to study the demand for various agricultural
commodities for the most important Mercosur countries in an attempt to provide their needs, and increase
Egypt's exports of those commodities to the Mercosur countries, which helps to address the deficit in the
agricultural trade balance between Egypt and the Mercosur countries.

DOI

10.21608/alexja.2024.298688.1077

Keywords

trade balance, COMESA, Mercosur, Gravity Model

Authors

First Name

Asmaa Abd el Fattah Ali Ali

Last Name

Abu Qamar

MiddleName

-

Affiliation

Department of Agricultural Economics - Faculty of Agriculture - Ain Shams University

Email

asmaa.abdelfattah@agr.asu.edu.eg

City

-

Orcid

0000-0002-1557-5005

First Name

Basma Mostafa

Last Name

Mohamed

MiddleName

-

Affiliation

Department of Agricultural Economics - Faculty of Agriculture - Ain Shams University

Email

basmamostafa039@gmail.com

City

-

Orcid

0000-0002-0147-5804

Volume

69

Article Issue

3

Related Issue

50254

Issue Date

2024-09-01

Receive Date

2024-06-23

Publish Date

2024-09-07

Page Start

286

Page End

303

Online ISSN

2535-1931

Link

https://alexja.journals.ekb.eg/article_367180.html

Detail API

https://alexja.journals.ekb.eg/service?article_code=367180

Order

2

Type

Original Article

Type Code

514

Publication Type

Journal

Publication Title

Alexandria Journal of Agricultural Sciences

Publication Link

https://alexja.journals.ekb.eg/

MainTitle

The Impact of the COMESA and Mercosur Agreements on the Egyptian Agricultural Trade Balance " أثر اتفاقية الكوميسا والميركسور علي الميزان التجاري الزراعي المصري"

Details

Type

Article

Created At

23 Dec 2024