Export volumes were recorded at $27.6 billion in 2020, compared to $30.5 billion in 2019, and $29.3 billion in 2018
Importers are also required to review and confirm shipment files using an electronic signature
Chairman of the Suez Canal Authority Osama Rabie also mentioned that negotiations for compensation for losses incurred from the blockage with the ship’s company are underway
In the Middle East, big data and analytics were believed by 56% to have a positive impact on their ability to trade across borders in the next 3-5 years
Egyptian exports also declined, going down by 8.4 percent in January, recording at $2.5 billion
