Egypt-China trade hits $ 7.5 bln in 7 months

Bookmark and Share

Tuesday - 28 August 2018 - 12:13 AM

newphoto

Trade exchange between Egypt and China surged up to 24 percent in the first seven months of 2018 compared to the same period in 2017, according to Chinese customs data.

 

The trade volume between the two countries reached $7.5 billion, while China's exports to Egypt were estimated at $6.5 billion, a 22.6 percent increase year-on-year. Egypt's export s to the Asian giant jumped 34.1 percent to $1 billion.

 

On a monthly basis, the trade exchange stood at $1.298 billion in July, 1.07 billion US dollars for Chinese exports to Egypt and 223 million for Chinese imports from Egypt.