ECONOMIC RETURN TO RE-ORIENTATE IMPORTS OF CORN AND SUNFLOWER OILS IN EGYPT

Abstract

First: The geographical distribution of imports of corn oil in Egypt: The (free) alternative: in which imported quantities of corn oil are left to be distributed in a free way to various countries according to the least expensive and under the restriction of the capacity of those exporting countries, in addition to the volume of Egyptian import capacity of corn oil from all countries and the import capacity does not exceed the average. The annual amount of imports from it in the average period (2014-2017). With regard to the free and private alternative to leaving the quantities of imported corn oil distributed freely in different countries according to the lowest prices and according to the exporting capacity of the countries, it was found that the quantities imported from corn oil were distributed in two countries, Saudi Arabia and the United States of America, with an estimated rate of 68.81% and 31.19% on the sequence is out of the total imported quantities, and this alternative has achieved an estimated cost of approximately 43721.35 thousand dollars, meaning that it saves about 4290.57 thousand dollars, which represents 8.94% of the current model. It is clear from the study that the (free) alternative to distributing imports of corn oil is the best proposed alternative, because this alternative has achieved an estimated cost of approximately 43721.35 thousand dollars, meaning that it saves about 4290.57 thousand dollars, which represents about 8.94%. Second: The geographical distribution of sunflower oil imports in Egypt. Alternative (European Union Countries Market): It clarifies that the quantity of Egypt's imports of sunflower oil from all countries of the European Union market is not less than the average amount that Egypt imported from each country during the study period, so that it does not exceed the average of its export capacity and not more than average of the total amount of Egypt's imports during the average period (2014-2017). It is clear from the study that an alternative (European Union countries) to distribute sunflower oil imports is the best proposed alternative, because this alternative has achieved an estimated cost of about 413076.06 thousand dollars, meaning that it saves about 17191.86 thousand dollars, representing about 3.99%. The study recommended the following proposals: Preparing sound model plans for the geographical redistribution of Egyptian imports of agricultural crops in general and oil crops in particular in the form that is in favor of the Egyptian balance of payments. Redistributing Egyptian imports of corn oil and sunflower oil from other countries, commensurate with the export capacity of these countries, that could be achieved by reducing the proceeds of imports under restrictions, and it is clear from the study that the first (free) alternative to distributing imports of corn oil is the best alternative and the exporting power of the exporting countries. This alternative achieved an estimated cost of approximately 43721.35 thousand dollars, it saves about 4290.57 thousand dollars, representing about 8.94%. It is clear from the study that the fourth alternative (European Union countries) to distribute sunflower oil imports and it is the best suggested alternative, because this alternative has achieved an estimated cost and that is, it achieves savings of about $ 17191.86 thousand, representing about 3.99%.