ECONOMIC ANALYSIS OF CORONA PANDEMIC CRISIS "COVID 19" ON THE EGYPTIAN ECONOMY

Document Type : Researches

Authors

1 Dept. Admin., Legal and Environ. Sci., Inst. Environ. Stud., Arish Univ., Egypt.

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

Abstract

The research aims in general to shed light on the crisis of the Corona pandemic and its impact on the value of imports, exports and prices of some food commodities in Egypt. The study confirmed that the average value of wheat imports during the first period before the Corona crisis amounted to about 218.52 million dollars, then it increased to about 255.52 million dollars as an average For the second period after the Corona crisis, with an increase of about $37 million, representing about 16.9% of its counterpart for the first period. The study also showed that the average value of potato and tomato exports during the first period before the Corona crisis amounted to about $16, $3.2 million, then increased to about $21.6, $3.7 million as an average for the second period after the Corona crisis, an increase of about $5.6, $0.5 million, representing about 35%, 15.6% of its counterpart for the first period, respectively. The study confirmed that the average local price of beef and buffalo meat (Kunduz hospitalized) during the first period before the Corona crisis amounted to about L.E. 148.2/kg, then it decreased to about L.E. 132.3 /kg as an average for the second period after the Corona crisis, with a decrease of about L.E.15.9, representing about 10.7% of its counterpart for the first period, and the average local price of frozen beef imported before the Corona crisis amounted to about L.E. 79.33 /kg, then decreased to about L.E. 77.70 /kg as an average after the Corona crisis, with a decrease of about L.E. 1.63, representing about 2.05% of its counterpart for the first period.

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