Egypt’s Non-Oil Exports Propel Trade Deficit Reduction: A Model for Diversification
Egypt has long relied on oil and gas exports as the cornerstone of its trade economy. However, recent developments indicate a significant shift towards diversification. In the first nine months of 2025, Egypt’s non-oil exports surged by 21%, reaching $36.6 billion. This growth played a pivotal role in reducing the country’s trade deficit by 18%, […]
India-Russia Trade Beyond Energy
India’s trade with Russia has historically centered on energy imports such as oil, coal, and fertilizers. However, India is now actively diversifying its exports beyond energy, tapping into pharmaceuticals, chemicals, marine products, and agriculture. This shift offers Indian businesses an opportunity to reduce dependency on a single sector, reach new markets, and enhance resilience against […]