287398

FUTURE PROSPECTS FOR EGYPTIAN FOREIGN TRADE WITH SOME AFRICAN BLOCS IN LIGHT OF ENVIRONMENTAL AND ECONOMIC CHANGES

Article

Last updated: 04 Jan 2025

Subjects

-

Tags

Agricultural Economics and Rural Development

Abstract

The study aims to predict the future of Egyptian foreign trade with some African blocs, which include SADC, IAAC and COMESA, in light of the environmental and economic changes, whichever those related to the African to the Egyptian side. The study reached, through the used approach, which is the quantitative approach, by predicting using the ARIMA model, to a number of results, the most important of which is that the growth rate of Egyptian exports to the countries of the Southern African Development Community (SADC) during the period (2022-2030) amounted to about 14.13%, while the countries of the Common Market for Eastern bloc and South Africa (COMESA) amounted to about 7.85%, and the countries of the East African Community (EAC) amounted to about 18.57%. On the other hand, the growth rate of Egyptian imports from the Southern African Development Community (SADC) bloc countries reached about 12.04%, the Common Market for Eastern and Southern Africa (COMESA) bloc countries reached about 17.74%, and the East African Community (EAC) bloc countries reached about 2.78%. The study recommended the need to open markets for Egyptian products or commodities in the three African blocs, given the presence of a large number of consumers in those markets, which represents an increase in demand for Egyptian products.

DOI

10.21608/sinjas.2023.181923.1175

Keywords

foreign trade, African blocs, economic and environmental variables

Authors

First Name

Ola

Last Name

Kasem

MiddleName

G.

Affiliation

Dept. Econ., Higher Inst. Comp. and Manag. Info. Systems, Min. Higher Edu., Egypt.

Email

olagamal550@gmail.com

City

Giza

Orcid

-

First Name

Samy

Last Name

Ghenmy

MiddleName

-

Affiliation

Dept. Econ. and Agric. Extension, Fac. Technol. and Develop., Zagazig Univ., Egypt.

Email

samyghenmy@yahoo.com

City

Zagazig

Orcid

-

First Name

Mohamed

Last Name

ElSayed

MiddleName

A.

Affiliation

Dept. Econ. and Rural Develop., Fac. Environ. Agric. Sci., Arish Univ., Egypt.

Email

melsayed@aru.edu.eg

City

New Cairo

Orcid

0000-0003-3738-2535

Volume

12

Article Issue

1

Related Issue

39858

Issue Date

2023-02-01

Receive Date

2022-12-19

Publish Date

2023-02-01

Page Start

69

Page End

84

Print ISSN

2314-6079

Online ISSN

2682-3527

Link

https://sinjas.journals.ekb.eg/article_287398.html

Detail API

https://sinjas.journals.ekb.eg/service?article_code=287398

Order

6

Type

Researches

Type Code

2,342

Publication Type

Journal

Publication Title

Sinai Journal of Applied Sciences

Publication Link

https://sinjas.journals.ekb.eg/

MainTitle

FUTURE PROSPECTS FOR EGYPTIAN FOREIGN TRADE WITH SOME AFRICAN BLOCS IN LIGHT OF ENVIRONMENTAL AND ECONOMIC CHANGES

Details

Type

Article

Created At

25 Dec 2024