This is the fourth Report jointly produced by Alexbank and SRM to monitor the dynamics of the Suez Canal, one of the most important maritime and logistical hubs in the world, which is acquiring increasing geo-strategic and geo-political importance, since around 12% of international freight traffic of all types (oil, raw materials, containers, etc.) passes through this point.
The study analyses the impact of war and the pandemic on maritime routes, the port competitiveness indicators, the role of Egypt in global trade and the development of the SCZone.
The Canal is important for the Egyptian economy for the revenue brought in by ship passages and the goods handled in the ports close to Suez, which have unparalleled planning dynamism. At the same time, the Canal is equally important for Italian ports because the main sea trade route between our country and Asia passes through Suez: every year Italian imports and exports amount to around €80 billion.