Financial Times FT.com

Trade balance: Desert blooms but deficit creeps up

By James Drummond

Published: December 10 2007 06:51 | Last updated: December 10 2007 06:51

Sherif el-Maghraby is in ebullient mood in his office in downtown Cairo. The chairman of the agriculture export council, and one of Egypt’s largest farmers, taps away rapidly on his calculator.

According to yield based on price on the supermarket shelf and cost of inputs – mainly water – strawberries are his best bet, while bananas are the worst.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this

"Front page" sub navigation

"World" sub navigation

"US & Canada" sub navigation

"Europe" sub navigation

"UK" sub navigation

"Asia-Pacific" sub navigation

"Middle East" sub navigation

"Americas" sub navigation

"Companies" sub navigation

"Energy" sub navigation

"Industrials" sub navigation

"Transport" sub navigation

"Retail & Consumer" sub navigation

"Health" sub navigation

"Technology" sub navigation

"Financials" sub navigation

"By region" sub navigation

"Columnists" sub navigation

"Companies A-Z" sub navigation

"Markets" sub navigation

"Equities" sub navigation

"FT Trading Room" sub navigation

"Columnists" sub navigation

"Markets Data" sub navigation

"Managed funds" sub navigation

"FTfm" sub navigation

"Lex" sub navigation

"By sector" sub navigation

"Comment" sub navigation

"Columnists" sub navigation

"Video & Audio" sub navigation

"Management" sub navigation

"Columnists" sub navigation

"Business Education" sub navigation

"MBA" sub navigation

"Masters in Management" sub navigation

"EMBA 2009" sub navigation

"Executive education 2009" sub navigation

"Personal Finance" sub navigation

"Investments" sub navigation

"Advice & Comment" sub navigation

"Tools & Calculators" sub navigation

"Compare & Apply" sub navigation

"Arts & Leisure" sub navigation

"Arts" sub navigation

"Pursuits" sub navigation

"Columnists" sub navigation

"Wealth" sub navigation

"In depth" sub navigation

"Special Reports" sub navigation

"Jobs & classified" sub navigation

"Jobs" sub navigation

"Services & tools" sub navigation

"News by email" sub navigation

"About us" sub navigation

Market-moving economics

FT.com RSS Feeds

FT Lexicon