Egyptian Exports Efficiency of some Medicinal and Aromatic Plants in the most Important Foreign Markets

Abstract

The study aimed to identify the competitive situation of Egyptian exports of some medicinal and aromatic plants in the most important imported markets, evaluate some of the foreign trade efficiency standards. In the study of the development of the value of Egypt's total exports, agricultural and medicinal and aromatic plants during the study period, it became clear that the value of Egyptian exports, agricultural exports and medicinal and aromatic plants increased by 10.7%, 13.8%, 2.8% Annually, respectively. In the study of the development of the value and quantity of Egyptian exports of marjoram during the period (2008-2015), there was a slight fluctuation in both exported quantities of marjoram, export value or export price This is reflected in the value of the coefficient of instability. A study of the development of the value and quantity of Egypt's exports of Wormwood indicates a significant decline in both exported quantities of exports during the years of study. This is reflected in the instability coefficient of these values. In the study of the development of the value and quantity of Egyptian exports of caraway, a significant decline was evident in both exported quantities of caraway and the value of exports during the years of study. This may be due to the low competitiveness of Egypt's exports from the international markets. This is reflected in the value of the instability coefficient of these values. In examining the impact of the quantity of exports and the export price on the value of Egyptian exports of marjoram during the study periods (2008-2010), (2013-2015) It was noted that the impact of the export price is stronger than the quantity of exports. It is clear that the impact of the export price is a high percentage of the impact on the value of exports. Therefore, the markets of the marjoram are looking for price, which gives more importance to the export price than the imported quantity. The results indicate that the effect of the quantity of exports from the Egyptian caraway on the world market on the value of exports has a strong effect. The effect of the quantity of exports is a high percentage on the value of exports and they are markets that seek quality first. The study of the geographical distribution of the quantities of Egyptian exports of the Marjoram to the most important countries in the world shows the occupation of Poland and Germany to the first centers in terms of quantities imported from Egypt during the period (2008-2015). With regard to Wormwood.it was found that Germany and Latvia were the most importing countries of the wolves from Egypt. And the crop of Wormwood was observed a significant decline in Egyptian exports to countries of the world and this indicates the decline in competitiveness among global markets, but note that Germany, the United States and Poland are the most importing countries of the crop of Wormwood during the years of study. The results showed that both marjoram and wormwood had a relatively low comparative advantage compared to caraway due to strong competition in foreign markets, it increased for Germany, the United States, Poland, Italy, Belgium, Russia, Latvia and Lebanon, while this comparative advantage decreased in France, the Netherlands and Spain. A review of the values of the commodity concentration coefficient for Egyptian exports of marjoram, Wormwood and caraway for the most important countries in the world turned out to be less than 40%. This indicates an increase in the commodity diversity of Egyptian exports of marjoram, Wormwood and caraway.