In a recent American study published by the National Center for Economic Studies in the United States, it asserted that the Suez Canal is the most important sea route for global trade, giving it the ability to influence the level of global welfare in the event of any changes affecting transit through it.

The study also described the Suez Canal as "the most important node in the world trade network."

The study, which examined "Trade Hubs Between Different Destinations in the World," was prepared by 3 economists, namely, Chariat Janapati, Department of Economics, Georgetown University, Wan Fong Yong, Department of Economics, University of Oregon, and Oren Zev, Department of Economics, University of Michigan.

The studies of the National Bureau of Economic Research, including the recent study on "World Trade Hubs," are of great importance in academia and economics, as it is the largest economic research organization in America and is responsible for presenting and disseminating economic studies on scientific grounds.

According to economist Wan Fong Yong, co-author of the study, the reason why the Suez Canal is so central to world trade is Egypt's geographical position as being so central and central.

The economist explains that the 195-kilometre-long Egyptian channel linking the Indian Ocean and the Mediterranean Sea is a vital corridor for ships seeking to travel between Asia and Europe without having to sail around the continent of Africa.

The study suggests that the Suez Canal shortens transport routes for global supply chains, allowing ships to save thousands of miles on their voyages, making it one of the world's most traded shipping lanes, and about 12 percent of global trade passes through the waterway.

It is reported that the study did not lose sight of the UFO delinquency incident last March, and its impact on global trade traffic.

The study states that the Suez Canal's 6-day traffic stop due to delinquency had a significant global impact, based on the fact that 80 percent of the sea container trade does not move directly from the point of origin to its final destination.

The study shows that global shipping runs indirectly through a network of central points, "commercial companies and ports," in several countries and global sea lanes, the most important of which is the Suez Canal in Egypt, which passes 12 percent of global freight.