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318553

An Econometric analysis of Egyptian-Chinese foreign trade

Article

Last updated: 24 Dec 2024

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Abstract

Despite China being one of Egypt's most important trading partners for a consecutive decade, the trade balance tends to favor the Chinese side. In 2022, the total trade volume between the two countries reached approximately $16.2 billion, with Egyptian exports accounting for about $1.8 billion, and Egyptian imports from China reaching approximately $14.4 billion. Of particular concern is the trade deficit in the agricultural sector, with Egypt heavily relying on agricultural imports from China. Agricultural trade amounted to about $447 million, with $198 million in agricultural exports to China and approximately $249 million in agricultural imports from China. This situation necessitates an evaluation of the trade relationship between Egypt and China, especially in light of the economic challenges Egypt has faced in recent years, such as the COVID-19 pandemic and the global economic crisis. Therefore, this research aims to assess the trade exchange between Egypt and China.The most important findings of the research are as follows: The relative importance of Egyptian exports to China has been increasing at a rate of 7.7%, higher than the relative importance of Egyptian imports from China, which has grown at around 0.62%. However, the relative importance of Egyptian agricultural imports from China has been decreasing at a rate of 0.17% during the period from 2013 to 2022.

DOI

10.21608/ejar.2023.234749.1436

Keywords

Simultaneous equations: trade efficiency indicators

Authors

First Name

Rasha

Last Name

Farag

MiddleName

-

Affiliation

Agricultural Economics Research Institute, Agricultural Research Center, Giza, Egypt.

Email

dr_rosha99@yahoo.com

City

-

Orcid

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First Name

Rania

Last Name

Rashad

MiddleName

-

Affiliation

Agricultural Economics Research Institute (AERI), Agricultural Research Centre, Egypt.

Email

ranyarashad@yahoo.com

City

-

Orcid

-

Volume

101

Article Issue

3

Related Issue

42386

Issue Date

2023-09-01

Receive Date

2023-09-07

Publish Date

2023-09-01

Page Start

1,007

Page End

1,017

Print ISSN

1110-6336

Online ISSN

2812-4936

Link

https://ejar.journals.ekb.eg/article_318553.html

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https://ejar.journals.ekb.eg/service?article_code=318553

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24

Type

Original Article

Type Code

1,041

Publication Type

Journal

Publication Title

Egyptian Journal of Agricultural Research

Publication Link

https://ejar.journals.ekb.eg/

MainTitle

An Econometric analysis of Egyptian-Chinese foreign trade

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Article

Created At

24 Dec 2024