Egypt-China bilateral trade hits $4.1bn in 4M

Cairo – Mubasher: Trade exchange between Egypt and China grew by 7.6% year-on-year to $4.188 billion during the first four months of 2019, according to data released by the Chinese General Administration of Customs (GAC).

Chinese exports to the most populous Arab nation rose by 13.2% year-on-year to $3.73 billion from January to April, state-run Middle East News Agency (MENA) reported.

Meanwhile, the Asian country’s imports from Egypt fell by 23.4% year-on-year to $458 million in the four-month period ended 30 April.

In April, Egypt-China bilateral trade reached $1.029 billion as Chinese exports to the North African nation totalled $939.6 million, while the imports stood at $89.5 million.

Mubasher Contribution Time: 30-May-2019 10:35 (GMT)
Mubasher Last Update Time: 30-May-2019 10:40 (GMT)