Abstract:
Abstract
The paper
aims to study Trend of Sudan's foreign trade movement 2000-2017, the
paper's problem was to answer “What role does international economic
relations play in the growth and trend of the Sudan trade movement?”
The paper assumes that, the international economic relations play an
important role in guiding of Sudan's foreign trade movement during the
study period, and that, the foreign trade and the changing of structure of
Sudanese exports did not lead to addressing the continuous deficit of the
Sudanese trade balance during the study period. And that there is an
increase in the Sudanese economy's dependence on imports in response to
the increase in the total demand due to the weakness of domestic
production. The paper relied on collected information from secondary
sources that issued by the relevant authorities by using the descriptive
approach. The most prominent results is that, there is a shift in the trend
of Sudan's foreign trade movement from European and Arab countries to
the non-Arab Asian countries, such as China, after oil extraction. There is
a persisted deficit in the Sudanese trade balance due to the decline of
exports and an increasing of Sudanese economy’s that depend on imports,
that to response to the increase of aggregate demand in light of Low
domestic production. Lack of commercial partnerships between Sudan
and neighboring countries, except Egypt. The paper recommends the
following, need to build a balanced political, economic relations trade in
the regional and global environment. Managing the production process
and developing and the main productive sectors, such as: "agriculture,
industry, mining", developing and distribution of exports by increasing its
competitiveness and opening more international markets. Finding a
commercial and strategic partnerships with neighboring countries in the
framework of economic cooperation. Ensuring economic, political,
security and social stability, and the participation of the private sector in
the production and foreign trade process.
Key Words : Foreign trade, Balance of trade, Exports, Imports
.
