Foreign Trade between Egypt and (D-8) Countries using Gravity Model

Elshishtawy, Samar Ashraf

doi:10.21608/alexja.2025.384099.1141

Foreign Trade between Egypt and (D-8) Countries using Gravity Model "التجارة الخارجية بين ومصر ودول مجموعة D-8 للتعاون الأقتصادى بين الواقع والمأمول"

Document Type : Original Article

Author

samar Ashraf Elshishtawy

Department of Economics at faculty of agriculture assiut university

10.21608/alexja.2025.384099.1141

Abstract

Joining international and regional alliances is one of the strategic goals that Egypt seeks to strengthen within its economic, trade, and financial policy. This accession aims to expand the scope of Economic Cooperation and integration with countries that share interests, thereby strengthening Egypt's position at the International and regional levels. The research aimed mainly to identify the impact of Egypt’s participation in the D-8 group by studying the total and agricultural trade between Egypt and the countries of the group during the period (2004-2023) using the Gravity model. The research has reached many results. (1) The total value of trade between Egypt and most of the countries included in the group has achieved a better actual situation than expected, with ratios ranging between 6.90% in the case of Indonesia as a minimum level, and 38.54% in the case of Pakistan as a maximum level. (2) The total value of agricultural trade between Egypt and the majority of the countries included in the group has achieved a better actual situation than hoped by varying percentages ranging from a minimum of about 3.92% in Turkey, and and the maximum limit reached about 66.15% in Bangladesh, which means the need to strengthen trade relations and economic integration between the countries included in the group to achieve the desired resultsز

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