CAPMAS is­sues study on com­pet­i­tive ad­van­tages of ex­ports, im­ports based on small in­dus­tries

The Daily News Egypt - - News -

The Cen­tral Agency for Pub­lic Mo­bil­i­sa­tion and Sta­tis­tics (CAPMAS) is­sued a study on com­pet­i­tive ad­van­tages of ex­ports and im­ports ac­cord­ing to the type of in­dus­tries pro­duced (mi­cro, small, or medium) on Tues­day. The com­pet­i­tive ad­van­tage was cal­cu­lated to iden­tify the com­pet­i­tive­ness of these com­modi­ties.

The study, en­ti­tled “Mea­sur­ing Com­pet­i­tive­ness of Ex­ports based on Small In­dus­tries in the light of the Cen­tral Bank of Egypt Ini­tia­tive,” found that 43% of ex­ported goods have a com­pet­i­tive ad­van­tage, which is a clear ex­port ad­van­tage. It means that there is a world com­pet­i­tive ad­van­tage for these ex­ports. This per­cent­age also rep­re­sents the to­tal of goods that are im­ported at a lower vol­ume. These com­modi­ties need state sup­port by open­ing new mar­kets, and of­fer­ing ex­port in­cen­tives, tax cuts, etc., for about 284 in­dus­trial prod­ucts.

The study added that 18% of ex­ports are in­dus­trial goods with a com­pet­i­tive ad­van­tage, which are the to­tal of the goods whose ex­port­ing vol­ume is larger than im­ports’, not­ing that they need more sup­port and ex­port ad­van­tages to turn them into “goods with a spec­i­fied fea­ture”.

Mean­while, the re­main­ing 39% (equiv­a­lent to 262 goods) are in­dus­trial goods with no com­pet­i­tive ad­van­tage. These are the goods whose im­ports are greater than ex­ports,rep­re­sent­ing a chal­lenge for the in­dus­try sec­tor.These goods need the state’s in­ter­ven­tion to re­move any ob­sta­cles un­til they be­come“goods with a spec­i­fied fea­ture”.

The study fo­cused on the sec­ond and third results, not­ing that these chal­lenges can be dealt over two stages:a short-term stage for the 18% cat­e­gory,and a long-term stage for the other cat­e­gory that has no com­pet­i­tive ad­van­tage.

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