{"id":41887,"date":"2023-02-17T11:08:08","date_gmt":"2023-02-17T09:08:08","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/?post_type=news&#038;p=41887"},"modified":"2023-02-17T11:08:10","modified_gmt":"2023-02-17T09:08:10","slug":"middle-east-how-are-french-exports-changing","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2023\/02\/17\/middle-east-how-are-french-exports-changing\/","title":{"rendered":"Middle East: How are French exports changing?"},"content":"\n  \n    \n      \nEgypt and Israel are the largest importers of French products in the region, with respectively \u20ac2.2 billion (+19% in 2022) and \u20ac2.1 billion (+24%), i.e. 75% of the total exported to The area. French exports also recorded marked growth in Iraq (+43%, to \u20ac394 million), Jordan (+48%, to \u20ac332 million), Iran (+40%, to \u20ac313 million) and Lebanon. (+26%, \u20ac399 million).\n\n    \n  \n\n\n  \n    \n      \nFrench exports are relatively diversified; notably, our agricultural exports to Egypt were multiplied by five (to \u20ac523 million), following the Russian invasion of Ukraine. Over the long term, French exports to the region have increased (\u20ac5.1 billion in 2014), with admittedly marked drops to certain countries (Lebanon, Iran, Iraq, Syria).\n\n    \n  \n\n\n  \n    \n      \nHowever, France&#8217;s trade surplus with the region is down -67% in 2022, to \u20ac487 million.\n\n    \n  \n\n\n  \n    \n      \nFrench imports increased to \u20ac5.4 billion in 2022 (+67%), mainly due to an increase in hydrocarbon imports from Egypt and Iraq (the only country in the region with which France has a bilateral deficit of \u20ac1.1 billion).\n\n    \n  \n\n\n  \n    \n      \nWhile Egypt and Israel remain the two main growth markets, Iraq, Jordan and Lebanon may also present opportunities.\n\n    \n  \n\n\n  \n    \n      \nInfrastructure projects particularly deserve to be followed: Israel&#8217;s rail investments, major urban and energy projects in Egypt, Iraq&#8217;s colossal infrastructure needs, reconstruction of the port of Beirut.\n\n    \n  \n\n\n  \n    \n      \nHowever, many other sectors are buoyant, particularly in Egypt (security, digital, aeronautics, agri-food, health, tourism). French companies could also benefit from the modernization of the distribution chain in Israel.\n\n    \n  \n\n\n  \n    \n      \nIraq is also looking for partners in agriculture, health and infrastructure. In Jordan, while the water sector should remain the main provider of prospects, opportunities could emerge in other sectors (energy efficiency, renewable energies, digitization of public services).\n\n    \n  \n\n\n  \n    \n      \nIt should be borne in mind that access to markets in the region remains complicated overall.\n\n    \n  \n\n\n  \n    \n      \nThe business climate remains perfectible in most countries (bureaucracy, corruption, non-tariff barriers, unclear or even unstable regulations) and requires, particularly in Iraq and Jordan, to rely on a reliable and well-connected partner.\n\n    \n  \n\n\n  \n    \n      \nFurthermore, the macroeconomic framework remains degraded in Egypt (tensions on currency liquidity, high informality) and very degraded in Lebanon (multiple exchange rates, generalization of cash payments).\n\n    \n  \n\n\n  \n    \n      \nSource French Embassy in Lebanon-Economic Service\n\n    \n  \n\n","author":15,"featured_media":32899,"comment_status":"open","ping_status":"closed","template":"","tags":[5751,5803,5760],"location":[5600,5647,5723,5691,5668],"class_list":["post-41887","news","type-news","status-publish","has-post-thumbnail","hentry","tag-economy","tag-export","tag-mediterranean-exchanges","location-egypt","location-israel-2","location-libya","location-syria","location-turkey"],"short_url":"https:\/\/bit.ly\/3xvu8JQ","have_related_news":"done","chapo":"In 2022, French exports to the Middle East increased by 25% compared to 2021 to reach a total of \u20ac5.8 billion, or 2.3% of French exports outside the EU.<br \/>\r\n","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2021\/05\/egypte-lindemnite-demandee-pour-le-blocage-du-canal-de-suez-par-le-porte-conteneur-ever-given-est-de-600-millions-de-550x360.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2021\/05\/egypte-lindemnite-demandee-pour-le-blocage-du-canal-de-suez-par-le-porte-conteneur-ever-given-est-de-600-millions-de-550x360.png 550w","sizes":"550px","alt":"Egypte : L\u2019indemnit\u00e9 demand\u00e9e pour le blocage du Canal de Suez par le porte-conteneur Ever Given est de 600 millions de $","width":550,"height":360,"ratio":0.6,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2021\/05\/egypte-lindemnite-demandee-pour-le-blocage-du-canal-de-suez-par-le-porte-conteneur-ever-given-est-de-600-millions-de-1098x658.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2021\/05\/egypte-lindemnite-demandee-pour-le-blocage-du-canal-de-suez-par-le-porte-conteneur-ever-given-est-de-600-millions-de-1098x658.png 1170w","sizes":"1170px","alt":"Egypte : L\u2019indemnit\u00e9 demand\u00e9e pour le blocage du Canal de Suez par le porte-conteneur Ever Given est de 600 millions de $","width":1170,"height":658,"ratio":0.6,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Middle East: How are French exports changing? 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